Stocks

Top 2 AI Stocks to Invest in This September

Published September 11, 2024

The artificial intelligence sector is experiencing rapid growth, presenting a lucrative opportunity for investors seeking to capitalize on the advancements in this technology. Two industry giants, Nvidia Corporation NVDA and ServiceNow NOW, stand out as promising investments. As leaders within the AI market, these companies offer investors the chance to partake in the profits from this booming industry.

The Vanguard of AI Technology: Nvidia Corporation NVDA

Nvidia Corporation, an American multinational technology entity headquartered in Santa Clara, California, has forged a strong reputation for its cutting-edge graphics processing units (GPUs). These GPUs, initially designed for the gaming arena, have found extensive application in professional markets and as system on a chip units (SoCs) for mobile computing and automotive industries. NVDA's innovation has positioned them at the forefront of AI, given that their GPUs are critical for powering AI algorithms and machine learning processes.

Revolutionizing Business Operations: ServiceNow NOW

Joining Nvidia in the list of must-buy AI stocks is ServiceNow, another titan hailing from Santa Clara, California. NOW provides a cloud computing platform transcending traditional IT boundaries to streamline enterprise operations. Their platform is instrumental in automating digital workflows and has become indispensable for businesses looking to optimize efficiency in the digital transformation journey. ServiceNow's commitment to innovation and continuous improvement in the face of evolving enterprise needs underscores its potential for sustained growth within the AI landscape.

Investment, AI, Technology