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5 Artificial Intelligence (AI) stocks are purchased and held for the next 10 years

AI is expected to generate powerful growth over the next few years.

The best investment strategy includes buying a good company and bringing them for a long time, which earned impressive profits by choosing the right business.

Among the best performers in the last 10 years, nvidia (NVDA -0.85%)),,, Taiwanese semiconductor manufacturing (TSM -0.85%)),,, Amazon (Amzn -0.00%)),,, Meta platform (Meta 0.38%))and alphabet (Goog 0.52%)) (google 0.46%)). Since it has risen more than 30,000% over the last decade, NVIDIA has been removed from the chart below. This distorted the graph, but the other four were also well done.

TSM chart

TSM data from ycharts.

The remaining four “worst” achievements were alphabets and the value of stocks was almost five times.

These five stocks have played a strong game for the past decade, but I think it’s a great choice for the next 10 years due to the spread of artificial intelligence (AI). They are now at the top of my list, and I think it is a wise investment strategy to buy stocks in the next 10 years of thinking.

The two people looking at the phone

Image Source: Getty Image.

NVIDIA and Taiwan Semiconductor provide AI computing power.

All five of these stocks are benefiting in various ways in AI race.

NVIDIA creates the Graphics Processing Units (GPU). It is the most popular computing hardware that is currently running and educating the AI model. It owns this market and has been the world’s largest company with its dominance.

The huge AI computing demand that suits NVIDIA’s future is still not met. This is one of the best stocks to buy and withhold for the next 10 years.

Taiwan Semiconductor (TSMC is a short TSMC) is a manufacturer that produces chips for many major companies in AI, including NVIDIA. Since these companies do not have chip production functions, the farms exercising with TSMC have gained reputation as the world’s best found in the world through continuous innovation and impressive yields. There are few challengers about superiority, and this position will help you become a market crushing stock for the near future.

NVIDIA and Taiwan Semiconductor are currently seeing great growth because they provide the computing power for AI. The next three benefits are also benefited and will be more successful for the next 10 years.

More AI applications will increase over the next few years.

At first glance, Amazon doesn’t look like an AI company. However, the cloud computing wing, Amazon Web Services (AWS), is greatly exposed through Cloud Computing Wing, the largest cloud computing provider.

The demand for increased computing capacity on the AI workload is strong. This demand is expected to increase rapidly over the next decade, which is suitable for AWS, which helps most of Amazon’s interests to lead the stock to a new dimension.

The meta platform is developing its own AI model, LLAMA. It has some purposes, but the biggest is to maintain its role at the top of the social media world.

META owns the largest social media platforms, Facebook and Instagram, and generates most of the money through advertising revenue. The company integrated AI tools into advertising services and has already increased interactions and conversion rates. This effect will grow further as the production AI technology is improved, which makes the meta a powerful stock selection for the next 10 years.

Finally, it is an alphabet. Many believe that Alphabet will be replaced by AI because Alphabet earns most of the revenue through Google search. However, it has not yet occurred, Google search continues to grow, and sales increased 12% in the second quarter.

Some of the success may be due to the rise of search overview of hybrids between the existing search engine and the creation AI. This feature has gained popularity and can be enough to keep Google as the best search, which can achieve a new height over the next 10 years.

Keithen Drury is located in alphabet, Amazon, meta platform, NVIDIA and Taiwan’s semiconductor. MOTLEY FOOL is recommended in alphabet, Amazon, meta platform, NVIDIA and Taiwan semiconductor manufacturing. The MOTLEY FOOL has a public policy.

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