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Barchart
Barchart
Mohit Oberoi

The 2 Best AI Stocks to Buy in August

Nvidia Amazon United States Citi Andy Jassy AWS Google Microsoft

Artificial intelligence (AI) has emerged as one of the most compelling investing themes of 2023. Optimism about AI helped propel many U.S. tech stocks higher, with Nvidia (NVDA) joining the $1 trillion market cap club this year. 

The tech rally was broad-based, and the Nasdaq Composite ($NASX) had its best first-half performance in four decades. The index rose almost 32% over the period, and in absolute terms, the constituents added over $4 trillion in market cap.

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