3 Dominant Artificial Intelligence (AI) Stocks That I'm Buying Now and Planning to Hold Forever

The artificial intelligence (AI) arms race is still the prevailing theme in the market. Even though billions have been spent this year on record-setting data center capital expenditures, that number is projected to continue rising for the foreseeable future.This benefits one industry in particular: semiconductors. These products account for a significant portion of the cost of a data center build, benefiting three companies (among many others) that appear to be great buys now: Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and ASML Holding (NASDAQ: ASML).Investors should consider buying all three of these stocks and holding them for the long term, as they're poised to benefit significantly from the ongoing AI spending spree, which is far from complete.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool