Artificial intelligence (AI) is ushering in significant changes across every sector and industry, and some of the companies at the forefront have already been handsomely rewarded for their efforts, with much more to come. But with more and more companies getting in on AI, which ones are worth investing in?
Perhaps it might help to take some inspiration from successful investors, such as David Tepper, the billionaire founder of the family office Appaloosa Management. Appaloosa has several prominent AI stocks in its public equity portfolio, and two of them, Micron Technology (MU +2.96%) and Amazon (AMZN +4.98%), account for about 31% of the portfolio. Are these AI stocks worth buying today? Let’s find out.
Image source: The Motley Fool.
1. Micron Technology
Micron is one of the leaders in providing computer memory and data storage products, such as DRAM (Dynamic Random Access Memory) chips, which are widely used in data centers. The company’s shares have climbed a little more…
