NVDA - 3 Leading Tech Stocks to Buy in 2024 and Beyond
2024-07-18 03:41:00 ET
Tech stocks led the market in the first half of 2024, and there is no reason they can't continue leading the market into the future. Artificial intelligence (AI) appears to be a game changer that should help power the sector higher in the years to come.
Let's look at three tech stocks to buy this year and beyond.
No company has benefited more from the increased interest in AI than Nvidia (NASDAQ: NVDA) , whose graphic processing units (GPUs) are being used to harness the power of AI in the data center. The company has created a stranglehold on the GPU market through its Compute Unified Device Architecture (CUDA) software platform that long ago became the industry standard for programming GPUs before AI became the next big thing.
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3 Leading Tech Stocks to Buy in 2024 and Beyond