By John Ballard
Publication Date: 2025-11-26 13:00:00
These profitable tech giants offer enough growth to double your investment in five years.
Artificial intelligence (AI) is expected to bring significant efficiency gains to businesses over the long term but will require substantial investment. Morgan Stanley expects spending on AI infrastructure, including chips and data centers, to exceed $3 trillion over the next three years.
Investors don’t need to take unnecessary risks to build wealth from AI. You can invest in highly profitable, industry-leading companies and outperform the broader market. Here are two top AI stocks to buy today that could double in value by 2030.
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1. Broadcom
The recent pullback in Broadcom‘s (AVGO +3.28%) stock presents a great buying opportunity. This top semiconductor has a history of growing free cash flow at high double-digit rates. The prospects for more growth, driven by booming demand for advanced chips and networking components in data centers, could lead to higher free…