3 Technology Stocks to Buy Now

Group 1 - The technology sector, particularly AI stocks, has significantly driven the strong returns of the S&P 500 in recent years [2] - Companies are betting on AI to transform their businesses, but the benefits will not be equally distributed among all [2] Group 2 - Broadcom has formed a multiyear partnership with OpenAI to co-develop AI accelerators, aiming for 10 gigawatts of implementation by 2029 [3][4] - Broadcom's AI revenue is projected to reach up to $90 billion annually by 2027, a 650% increase from 2024 [4] Group 3 - Nvidia continues to dominate the AI chip market, with 70% of AI data centers using its GPUs, leading to significant sales and earnings growth [5] - Nvidia reported a 56% revenue increase in Q2 to $46.7 billion, with adjusted non-GAAP earnings rising by 54% to $1.05 [6] - AI data center spending is estimated to potentially reach $4 trillion over the next five years [6] Group 4 - Taiwan Semiconductor Manufacturing (TSMC) plays a crucial role in the AI chip demand, benefiting from the ongoing AI boom [7]