"Top AI Stock Picks to Buy Now and Hold Through 2024"

As the Nasdaq Composite is expected to surge in 2024, two AI stocks, Advanced Micro Devices (AMD) and Super Micro Computer (SMCI), are recommended for investment. AMD has seen significant growth due to its AI infrastructure products, such as the Instinct MI300 accelerators, and is expected to continue this trajectory with a target of $2 billion in MI300 revenue for 2024. Super Micro Computer is capitalizing on the AI market with its LLM-optimized AI platforms and energy-efficient server solutions, expecting significant revenue growth. Both companies are well-positioned to benefit from the anticipated economic recovery and increased demand for AI technologies.
- 2 Artificial Intelligence (AI) Stocks to Buy Before the Nasdaq Surges in 2024 The Motley Fool
- 3 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in January Yahoo Finance
- Can sizzling Magnificent Seven trade keep powering US stocks in 2024? Reuters
- Raymond James breaks down its top AI picks for 2024 CNBC
- 3 Top AI Stocks to Buy and Hold for the Next 5 Years InvestorPlace
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