Did Google Just Give Investors a Reason to Load Up on the Stock?

The artificial intelligence (AI) wars are heating up. Companies are investing boatloads of capital in a race to try to stay ahead in this fast-moving technology space, pitting well-financed start-ups like OpenAI versus the large technology giants.One company just threw a sharp shot across the bow: Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL). The parent company of Google, YouTube, and Google Cloud is putting out new AI products left and right coming from its recent developer conference and has all the tools to win in this new product category.And yet, the stock remains cheap and well below all-time highs while other AI-related stocks such as Nvidia soar. Did the company's recent announcements just give investors a reason to buy up this stock?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool