2023-09-18 13:30:00 ET
Artificial intelligence (AI) is one of the hottest tech megatrends in recent memory. And the excitement has encouraged investors to pour into industry leaders like Nvidia , which has soared by 206% year to date.
But the chipmaker isn't the only game in town. Let's discuss why Microsoft (NASDAQ: MSFT) could also be an ideal way to bet on the opportunity.
Since its founding in 1975, Microsoft has become the world's second-largest company, with a market cap of $2.5 trillion through its dominance of productivity software, the cloud, and personal computing. With revenue of $198 billion in 2022, it won't be easy to move the needle for this tech giant.
For further details see:
Missed Nvidia? 1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist