Emerging AI Stocks to Watch Out for in 2023
Emerging AI Stocks to Watch Out for in 2023
Analysts are bullish about two of Nvidia's rivals and a leader in a growing AI software market. Kids have played "King of the Hill" for years. The game's goal is for one player to try to remain at the top of the hill while other players attempt to take their place.
Companies play this game too
And in artificial intelligence (AI), Nvidia reigns as king. So far, no rival has been able to knock the chipmaker off its perch at the top.
- Nvidia might not be the best AI stock to own in the near term
- Here are the top 3 AI stocks expected to outgain Nvidia over the next 12 months:
- Advanced Micro Devices (AMD): Wall Street predicts nearly 16% upside potential
- Intel: Analysts expect an 18% price target increase
- UiPath: Shares could see a 45% upside
Is Wall Street right about these AI stocks? The long-term outlook appears bright as these companies are set to capitalize on the increasing AI market demand, positioning them as potential winners in the years to come.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.