15 AI-related Stocks to Watch 2023

The surge in interest surrounding artificial intelligence has resulted in a boom for AI stocks. Savvy investors are increasingly aware of the promise held by companies specializing in GPU tech, cloud computing, data analytics, cybersecurity, and electronic design automation.

The need for GPUs has drastically increased as they are essential for speeding up the training and inference of AI models. As more industries adopt AI technologies, the limited availability of GPUs has further boosted the stock prices of manufacturers like Nvidia. Additionally, cloud computing plays a crucial role in this AI revolution, as advanced AI algorithms require substantial processing power and storage. Major tech firms such as Amazon, Microsoft, and Google are providing scalable and effective cloud solutions for AI applications, which has resulted in impressive stock growth. Notably, the latter two companies are racing to innovate and introduce generative AI solutions. AI tools , aiming to win the AI arms race.

Strong data technologies and robust cybersecurity measures are pivotal for the successful implementation of AI applications. Companies that specialize in these areas ensure that high-quality datasets are reliable and protect AI systems from cyber threats. stocks of companies This list will delve into over 15 AI-related stocks to monitor this year, considering the current market trends and their growth potential.

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Nvidia, famed for its cutting-edge graphics processing units, has solidified its status as a leader in the AI domain. In the first quarter of 2023, the company's financial outcomes were remarkable, with a 19% year-on-year increase in revenue reaching $7.19 billion and a 44% annual rise in earnings per share to $0.82. The gaming segment prominently fueled this growth, showcasing a 40% increase in revenue compared to the previous year. Additionally, the data center segment saw a remarkable 82% year-on-year growth. AI Wiki Nvidia's stock has skyrocketed lately, boasting over a 50% increase since the beginning of the year, currently trading with a price-to-earnings ratio of 60. Investors are optimistic about Nvidia's continued expansion in line with the AI industry’s boom, firmly establishing the company as a key provider of GPUs for AI applications.

Evercore ISI's analyst C.J. Muse rates it as a 'Buy,' setting a target price of $300.

15 AI-related Stocks to Watch 2023

• Morgan Stanley analyst Katy Huberty categorizes it as 'Overweight,' with a target price of $300.
• BMO Capital Markets analyst Ambrish Srivastava recommends it as 'Outperform' with a price target of $300.
• In the first quarter of 2023, Microsoft reported an 18% revenue increase year-over-year, amounting to $50.1 billion, while earnings per share rose by 26% to $2.22. The Productivity and Business Processes division significantly contributed to this growth, achieving a 24% year-on-year revenue increase. Moreover, the Intelligent Cloud division also showcased strong performance with a 26% year-on-year revenue rise.

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Microsoft's stock price has surged by 40% since the start of the year, now trading at a price-to-earnings ratio of 36. The strong performance can be attributed to the expansion of Microsoft's Productivity and Business Processes and Intelligent Cloud segments. Factors driving Microsoft's success include the booming cloud services market, where it stands as the second-largest provider after Amazon Web Services (AWS).

The company is aggressively investing in AI, highlighted by its substantial $13 billion stake in OpenAI and the development of innovative AI tools.

Morgan Stanley has rated it as 'Overweight,' with a target price of $360. AI Wiki Markets SMW June 06, 2023

15 AI-related Stocks to Watch 2023

• Alphabet (GOOGL) reported a 2.6% revenue increase, climbing to $69.79 billion from $68.01 billion year-on-year, with earnings per share also rising by 23% to $10.68. The stock for GOOGL is currently positioned strongly.
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Google's cloud division is expanding rapidly, with a remarkable 45% year-over-year revenue increase in the first quarter. Alphabet is also channeling substantial investments into emerging growth sectors, particularly in artificial intelligence. This year, Google has introduced several generative AI tools, including Bard, which positions itself as a competitor to ChatGPT. Cindy Tan by

UBS analyst Lloyd Walmsley has given a 'Buy' rating with a target of $123. Posts by Cindy Tan Cindy Tan

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• Baidu has announced plans to establish a $145 million venture capital fund aimed at AI-focused startups in China.
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June 06, 2023 at 6:34 am

original article for precise information. Several factors are fueling Baidu's growth trajectory. Its online advertising segment is on a strong upward trend, with a 15% year-over-year increase in advertising revenue during the first quarter. Similar to its major competitors in the U.S., Baidu is heavily investing in next-generation sectors like artificial intelligence and the autonomous driving service Apollo Go. In Brief 15 AI-Related stock to watch in 2023

Baidu has been on the forefront of AI investment for years, achieving advancements in various domains, including natural language processing, computer vision, and machine learning. The company is gearing up to release its Ernie chatbot soon and is launching a $145 million venture fund dedicated to supporting Chinese AI startups.

Baidu's advertising segment has experienced a robust 3% increase in total revenue, totaling $28.65 billion, compared to $27.8 billion a year ago, with online ad sales seeing a 4.1% increase year-over-year in Q1. AI tools As Meta's Reality Labs division continues to face financial challenges, the company is pivoting its focus from the metaverse toward significant investments in AI. CEO Mark Zuckerberg highlighted in the Q1 earnings report that their AI efforts are yielding positive results across all their platforms and operations. Recently, Meta is also developing a specialized computing chip aimed at enhancing AI model training.

, aiming to win the AI arms race.

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Microsoft (MSFT)

Baidu (BIDU) Meta (META) Credit Suisse has rated it as 'Outperform,' with a target price of $277.

IBM (IBM) released mixed results in the first quarter of 2023, with a revenue increase of 0.4%, totaling $14.3 billion. However, earnings per share decreased by 27% to $1.53, leading to a stock price drop of over 8% over the past year. IBM (IBM) Marvell Technology (MRVL) uk IBM has been a pioneer in AI for four decades. In 1997, its supercomputer Deep Blue famously triumphed over chess champion Garry Kasparov in a six-game match. Despite IBM's extensive AI expertise, its stock performance has lagged behind that of Microsoft, Google, and Nvidia, largely due to past setbacks in AI initiatives for drug discovery, according to reports.

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• The company has since launched a new AI and data management platform for businesses. Unlike tech giants such as Google and Microsoft, IBM is not focused on creating massive AI models. Rather, it aims to assist clients in developing their own AI applications to maximize the value they derive from their data, as explained in a Barron's interview with CEO Arvind Krishna.

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The stock soared by a significant 5% in one day, reaching a peak of $63 after the Q1 2023 earnings report. Marvell develops a diverse range of semiconductor products and technologies that serve various sectors, including data storage, networking, cloud computing, automotive, and the Internet of Things (IoT).

The chipmaker reported a first quarter net revenue of $1.447 billion, marking a 74% year-on-year increase as tech giants increasingly seek access to chips amidst the AI boom. Nevertheless, financial analyst Nikhil S. Goklaney points out that Marvell actually faced a loss of $232 million in Q1 2023, compared to a profit of $39 million during the same period in 2022, indicating that the numbers may not reflect the company's overall robust growth narrative. Currently, MRVL shares are priced at $57.90. Search The AI boom has also catalyzed growth for Oracle (ORCL), which reported Q1 2023 revenues of $11.4 billion, an 18% increase year-over-year, alongside earnings per share of $0.56, up by 23% year-over-year. Oracle's stock closed at $119.75 on March 10, 2023, reflecting a 15% year-to-date increase. Search .

Hack Seasons Airdrops Calendar The company's AI-centric offerings include Oracle Cloud Infrastructure (OCI), Oracle Analytics Cloud, and the Oracle AI Platform. OCI provides a comprehensive suite of cloud services encompassing computing, storage, networking, and database solutions, along with AI-related tools such as the Oracle Autonomous Database, a fully managed service that utilizes AI to streamline database management tasks. Hot Projects Oracle Analytics Cloud also features a variety of AI functionalities, including natural language processing and machine learning capabilities. The Oracle AI Platform is designed to empower developers in creating and deploying AI applications, offering access to numerous pre-trained models and resources for data preparation, model training, and deployment.

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Markets SMW C3.ai, a relatively new player in the enterprise AI application software realm, was established in 2009 by billionaire business magnate Thomas Siebel. The company reported revenue of $72.4 million for the fiscal fourth quarter of 2023, which slightly exceeded the anticipation of $71 million.

Since the start of the year, C3.ai's stock has skyrocketed by an astounding 252%. However, Wall Street analysts maintain a degree of skepticism regarding C3.ai's predicted fiscal year 2024 revenue, which is anticipated to fall between $295 million and $320 million. Interestingly, analysts had forecasted revenues closer to $321 million for the year.

June 06, 2023

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The current excitement around artificial intelligence has led to a significant surge in stocks associated with AI. Investors are starting to see the remarkable potential that lies in firms specialized in this technology.

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Published: June 6, 2023 at 6:34 AM | Updated: June 14, 2023 at 4:52 AM by To enhance your experience in your preferred language, we sometimes use an auto-translation tool. Keep in mind that this may not always provide accurate translations, so it's wise to read carefully.

In this article, we will delve into over 15 AI-related stocks that warrant your attention this year, considering the current market conditions and their growth prospects.

The recent hype about artificial intelligence has led to a notable increase in AI-related equities. Investors are beginning to acknowledge the vast opportunities within firms that focus on GPU technology, cloud services, data management, cybersecurity, and electronic design automation.

William Savage

• The demand for GPUs has spiked as they play several critical roles in speeding up AI model training and processing. With many industries adopting AI, the limited availability of GPUs is pushing the stock values of leading manufacturers like Nvidia higher. Additionally, cloud computing emerges as a pivotal factor driving the AI expansion, with AI applications demanding substantial computing power and storage capabilities. Major players like Amazon, Microsoft, and Google are offering scalable cloud solutions, which have significantly boosted their stock performance. Notably, the rapid advancements by Microsoft and Google in developing and launching generative AI technologies are impressive.

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Strong data management technologies and cybersecurity measures are essential for the effective functioning of AI solutions. Companies specializing in these fields are attracting a lot of investor interest, ensuring datasets are of high quality and securing AI systems against cyber threats. In this article, we’ll explore more than 15 stocks related to AI that are poised for growth this year, keeping these market trends in mind. article for precise information. Nvidia, famously known for its GPUs, has established itself as a key player in the AI landscape. Its financial results for Q1 2023 exhibited a remarkable growth trend, with revenue increasing by 19% year-over-year to reach $7.19 billion, while earnings per share saw a 44% rise, hitting $0.82. A significant portion of this growth can be attributed to Nvidia’s gaming division, which reported a 40% year-over-year revenue increase. Meanwhile, the data center segment saw an 82% surge in revenue, indicating strong demand.

Nvidia's stock has also experienced a meteoric rise, climbing over 50% since the year's inception. Currently, it boasts a price-to-earnings ratio of 60, reflecting investor confidence in the company's prolonged growth trajectory fueled by the AI surge. As the field of artificial intelligence flourishes, Nvidia stands out as a primary supplier of GPUs catering to these applications.

In Brief

• C.J. Muse from Evercore ISI recommends a buy, targeting a price of $300.

15 AI-Related stock to watch in 2023

AI tools , aiming to win the AI arms race. Katy Huberty from Morgan Stanley rates it overweight, with a price target set at $300.

Ambrish Srivastava from BMO Capital Markets suggests an outperform rating and also targets $300.

In Q1 2023, Microsoft reported an 18% year-over-year increase in revenue, totaling $50.1 billion, with earnings per share rising by 26% to $2.22. The substantial growth was primarily driven by the Productivity and Business Processes segment, which saw a 24% revenue increase compared to the previous year. Additionally, the Intelligent Cloud segment also enjoyed robust growth, jumping 26% year-over-year.

stocks of companies

• Microsoft's stock has appreciated by 40% since the beginning of the year, currently trading at a price-to-earnings ratio of 36. This impressive performance is largely due to the expansion of Microsoft's Productivity and Business Processes and Intelligent Cloud segments. Factors contributing to this growth include the booming cloud computing sector, where Microsoft ranks as the second-largest provider following Amazon Web Services (AWS).
• Furthermore, Microsoft is making significant investments in AI, including a whopping $13 billion stake in OpenAI and ongoing development efforts.
• Morgan Stanley: Overweight, $360 price target.

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Alphabet (GOOGL) reported an uptick in revenue of 2.6%, reaching $69.79 billion compared to $68.01 billion from the same quarter last year, with earnings per share climbing 23% to $10.68. GOOGL stock continues to make waves in the market. Nvidia (NVDA) Its cloud division, Google Cloud, is booming, with a striking 45% revenue growth year-over-year reported in the first quarter. Alphabet is also heavily investing in new cutting-edge areas, particularly in artificial intelligence. This year, the company unveiled various generative AI tools, including Bard, a competitor to ChatGPT.

Lloyd Walmsley from UBS has a buy rating with a price target of $123.

Microsoft (MSFT)

• Alphabet (GOOGL)
• Baidu (BIDU)
• Meta (META)

IBM (IBM)

C3.ai Arteris Inc (AIP) Baidu is set to unveil a $145 million venture capital fund aimed at AI startups in China.

For the first quarter of 2023, Baidu reported strong financial results, with revenue climbing 10% to reach $4.54 billion, up from $3 billion year-over-year. The earnings per share also increased by 20% to $1.21.

Soundhound (SOUN) Cadence Design Systems (CDNS) Several factors are propelling Baidu's growth, including a rapidly expanding online advertising business, which experienced a 15% year-over-year revenue increase in the first quarter. Similar to its American tech counterparts, Baidu is making substantial investments in promising new areas like artificial intelligence and developing its autonomous driving service, Apollo Go.

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Baidu has a long history of investing in AI, achieving significant advancements in various fields, including natural language processing, computer vision, and machine learning. The company is gearing up for an upcoming release of its Ernie chatbot and is launching an impressive $145 million VC fund to support AI companies in China. strong The company's advertising revenue alone rose to $28.65 billion, marking a 3% increase from $27.8 billion the previous year. Baidu's online advertising revenue spiked by 4.1% year-over-year in Q1 of this year. Analysts’ rating and price target: Microsoft (MSFT)

Despite ongoing losses from its virtual reality division Reality Labs, Meta is pivoting from its metaverse focus to pour resources into AI. CEO Mark Zuckerberg highlighted in the Q1 earnings report how the company's AI initiatives are delivering positive outcomes across their applications and overall business. Recently, Meta announced significant steps, including the development of a computing chip specifically designed to facilitate AI model training.

Credit Suisse: Outperform, target price set at $277.

15 AI-related Stocks to Watch 2023

• over 50 AI tools
• IBM (IBM) issued contrasting financial results for Q1 2023, with a slight revenue increase of 0.4%, bringing it to $14.3 billion. However, the earnings per share fell by 27% to $1.53. The stock has faced more than an 8% decline over the past year.
• . As of June 5, 2023, the

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IBM is a pioneer in AI applications, boasting 40 years of experience. After its supercomputer, Deep Blue, triumphed over world chess champion Garry Kasparov in 1997, IBM’s legacy in AI has been significant. Yet, despite its extensive AI expertise, IBM's stock has not kept pace with companies like Microsoft, Google, and Nvidia due to past challenges in the industry.","The company is not pursuing the same massive AI models but aims to assist clients in building their own AI applications to uncover deeper insights from their data, as noted in an interview with IBM CEO Arvind Krishna. Goldman Sachs: Buy, $350 price target Following the release of its Q1 2023 earnings report, Marvell Technology saw a notable surge, with stock peaking at $63 in a single day. The company provides a diverse array of semiconductor solutions catering to various sectors, including data storage, networking, cloud services, automotive, and IoT. Barclays: Overweight, $345 price target Jefferies: Buy, $340 price target

Marvell reported Q1 net revenues of $1.447 billion, reflecting a staggering 74% year-over-year growth as tech firms seek more chip access amid the AI boom. However, financial analyst Nikhil S. Goklaney pointed out that Marvell actually faced a loss of $232 million in Q1 2023 compared to a profit of $39 million in Q1 2022, suggesting that these reported figures don't capture the full narrative of their growth journey. Currently, the stock trades at $57.90.

Evercore ISI: Outperform, $335 price target

• The AI boom has also been beneficial for Oracle (ORCL), which reported $11.4 billion in revenue for Q1 2023, up 18% year-over-year, with earnings per share rising to $0.56, an increase of 23% year-over-year. Oracle's stock price closed at $119.75 on March 10, 2023, reflecting a 15% gain year-to-date.
• Alphabet (GOOGL)
• Oracle's portfolio of AI-related products includes the Oracle Cloud Infrastructure (OCI), Oracle Analytics Cloud, and Oracle AI Platform. OCI offers a comprehensive suite of cloud services, including computing, storage, networking, and database management. It also features AI-driven services such as the Oracle Autonomous Database, which automates database management tasks with AI.

15 AI-related Stocks to Watch 2023

Oracle Analytics Cloud is rich in AI functionalities, encompassing natural language processing and machine learning capabilities. The Oracle AI Platform allows developers to create and implement AI applications, complete with multiple pre-trained models and essential tools for data preparation, training, and deployment.

C3.ai, a relatively young player in the enterprise AI application software space, was founded in 2009 by affluent entrepreneur Thomas Siebel. The company recently announced a revenue of $72.4 million for its fiscal fourth quarter of 2023, along with the fiscal year ending April 30, 2023, slightly surpassing the expected $71 million. up around 41% YTD Since the start of the year, C3.ai's stock has soared an impressive 252%. Nevertheless, Wall Street analysts aren't overly enthusiastic despite projections for C3.ai's revenue in fiscal year 2024, which is expected to be between $295 million and $320 million. However, data from S&P Global Market Intelligence highlights that analysts had anticipated revenues around $321 million for the year, indicating that expectations may not be fully met.

15 AI-Driven Stocks to Keep an Eye On in 2023 - Metaverse Post

The growing excitement around artificial intelligence has led to a surge in the stocks associated with AI. More and more investors are starting to see the immense potential in companies invested in this technology. as of June 5, 2023. FTC's Attempt to Halt Microsoft-Activision Merger Fails

Published: June 6, 2023 at 6:34 AM; Updated: June 14, 2023 at 4:52 AM

introduced new AI capabilities

To enhance your experience in your native language, we sometimes use an auto-translation tool. Keep in mind that such translations may lack precision, so please read carefully.

In this article, we will delve into over 15 AI-related stocks worth monitoring this year, factoring in the prevailing market trends and their growth potential.

The latest buzz around artificial intelligence has ignited a significant rise in AI-related stocks. Investors are increasingly acknowledging the promise of firms that concentrate on GPU technology, cloud services, data management, cybersecurity, and electronic design automation.

at its I/O event in May.

• With the surge in demand for GPUs, which are vital for speeding up the training and inference of AI models, the limited supply has resulted in soaring stock prices for manufacturers like Nvidia. Furthermore, cloud computing is a pivotal contributor to the AI boom, as AI algorithms necessitate ample computational power and storage space. Companies like Amazon, Microsoft, and Google are leading the charge with robust and efficient cloud platforms tailored for AI, significantly boosting their stocks. Notably, the brisk advancements that Microsoft and Google have been making in generative AI are quite remarkable.
• Reliable data technology and cybersecurity play crucial roles in the successful deployment of AI systems. Specialized firms are dedicated to ensuring the availability of high-caliber datasets while safeguarding AI systems against cyber threats. The companies making strides in these sectors have attracted considerable investor interest. In this article, we'll take a closer look at 15+ AI-driven stocks to watch this year, considering market trends and growth capabilities.

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