2 Core Artificial Intelligence (AI) Stocks to Buy and Hold Forever

Group 1: AI Economic Impact - The AI revolution is projected to have a total economic impact of $15.7 trillion by 2030, with $6.6 trillion from productivity gains and $9.1 trillion from consumption effects [1] Group 2: Nvidia's Market Position - Nvidia leads the AI computing market with an estimated 70% to 95% market share in AI accelerators, driven by its GPUs and proprietary CUDA software platform [3] - Nvidia's transformation from gaming-focused capabilities to AI computing has created significant switching costs for customers, solidifying its competitive advantage [4] - Despite a premium valuation at 30.5 times forward earnings, Nvidia's long-term potential may be undervalued as the global race for AI data centers accelerates [5] Group 3: ASML's Technological Leadership - ASML is the sole producer of extreme ultraviolet (EUV) lithography machines, essential for advanced semiconductor manufacturing, with each machine costing up to $380 million and taking 12 to 18 months to assemble [6][7] - ASML's shares trade at 28.7 times forward earnings, reflecting its unique competitive position in the AI value chain [8] - Company guidance indicates strong growth in AI data center expansion, with AI server markets expected to reach $350 billion by 2030, and EUV spending projected to grow at 16% annually [9] Group 4: Future Outlook - The potential for artificial intelligence to reshape the global economy is significant, with experts suggesting that achieving artificial general intelligence (AGI) could accelerate technological advancement dramatically [10] - Both Nvidia and ASML are positioned to benefit from AI's exponential growth trajectory due to their competitive advantages and continuous innovation [11]