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Sristi Suman Jayaswal

3 'Strong Buy' Stocks to Invest in for the Next Wave of AI

Synopsys American Tower Monolithic Power Nvidia Goldman Sachs MPWR SNPs

Artificial intelligence (AI) is revolutionizing various sectors, propelling the stock market to unprecedented heights. With the global AI market poised to exceed $1 trillion by 2030, the frenzy surrounding AI is justified.

The poster child for the AI investment boom has been Nvidia (NVDA), renowned for its chips crucial for AI model training and execution. But while NVDA might be spearheading Phase 1 of the AI trade, analysts at Goldman Sachs (GS) say there are three additional phases of the AI boom on the horizon, with each wave offering its own unique investment opportunities.

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