1 Top Artificial Intelligence Stock to Buy Right Now

AI Market Overview - The AI boom has driven significant gains across the stock market, impacting companies in hardware, software, infrastructure, and supporting services [1] - Many companies in the AI supply chain have experienced substantial growth over the past two years [1] - Despite the overall market surge, some AI-related stocks have not reached record highs and may be undervalued [3] Intel's Current Challenges - Intel has faced declining sales in recent years despite the increasing demand for AI chips [4] - The company is no longer the largest semiconductor company by revenue and has lost its position in the Dow Jones Industrial Average to Nvidia [4] - Recent leadership changes, including the departure of CEO Pat Gelsinger, signal potential major strategic shifts [5] - Intel is considering spinning off its Intel Foundry business and may sell some of its holdings in Mobileye to raise cash [5] Intel's Valuation and Strategic Investments - Intel's stock is currently undervalued, trading at 1.6 times sales and 0.9 times book value [7] - The company has significantly increased its infrastructure investments to approximately $25 billion annually over the last three years, up from a long-term average of $15 billion [9] - These investments are focused on building and upgrading chip-making facilities globally, positioning Intel as a serious alternative to Asian giants like Taiwan Semiconductor and Samsung [9] - Some of Intel's new or improved chip-making facilities are already operational, with others set to come online in stages over the next five years [10] Future Growth Prospects - Intel is transforming into a different type of semiconductor business, potentially becoming a leader in the American AI hardware market [12] - By 2030, Intel could achieve a price-to-book ratio closer to Taiwan Semiconductor's 8.3, especially if the foundry division is spun off [11] - The company's strategic investments and long-term plans are expected to have a significant impact on its business over the coming years [10][12]