Artificial intelligence (AI) stocks have been the talk of the investing world, with Nvidia leading the way. However, past success does not guarantee future results, so it’s always wise to consider other options in the market. Here are three AI-focused stocks that investors should keep an eye on.
1. Advanced Micro Devices (AMD)
While Nvidia may be the king of AI buzz, Advanced Micro Devices (AMD) is making significant strides in the AI revolution. Its stock has soared 179% since January 2023, thanks to its cutting-edge semiconductor designs like the MI300X chip. With major players like Microsoft, OpenAI, and Meta Platforms showing interest in AMD’s offerings, the company is poised for success in the AI accelerator market.
2. Oracle (ORCL)
Oracle may have had its ups and downs in the past, but it is now thriving in the AI space with its data center business. Recent earnings reports have shown impressive growth in revenue, cloud revenue, and net income, with forward guidance projecting even higher numbers. The company’s AI-driven operations are helping Oracle stay at the forefront of technological innovation.
3. Palantir Technologies (PLTR)
Palantir Technologies may have a complex business model, but its success in AI-driven big data analysis is undeniable. The company is growing its commercial revenue at a faster rate than its government revenue, signaling a shift toward the private sector. With a track record of rapid growth and a solid customer base, Palantir could be a major player in the AI investing space.
While Nvidia may be dominating headlines, these three AI stocks offer compelling alternatives for investors looking to diversify their portfolio. Keep an eye on these companies as they continue to innovate and drive growth in the AI industry.
Please note: The information provided in this blog is for informational purposes only and should not be considered financial advice. Investors should conduct their own research and consult with a financial advisor before making investment decisions.
*Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Jake Lerch has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, Nvidia, Oracle, and Palantir Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
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