Nvidia (NVDA) and Taiwan Semiconductor Manufacturing (TSM) have been top-performing artificial intelligence stocks in 2024 according to Motley Fool contributor Jason Hall. However, with the recent surge in Advanced Micro Devices (AMD), their strategies are worth re-evaluating.
Hall attributes his success in these AI stocks to their significant growth potential and innovative technologies. For instance, Nvidia’s powerful GPUs have enabled AI advancements, while Taiwan Semiconductor Manufacturing has provided cutting-edge semiconductor solutions.
Hall recommends considering Nvidia and TSM for investors looking to capitalize on the AI boom. With impressive stock prices from $1,000 investments, investors can potentially reap substantial rewards if they act now.
It’s essential to note that Hall has a vested interest in these stocks due to his affiliation with The Motley Fool. Nonetheless, his insights remain valuable for those seeking informed investment advice.
Source: https://www.nasdaq.com/articles/these-are-my-2-biggest-winning-ai-stocks-2024-heres-what-i-think-about-them-now