2 "Blue Chip" Artificial Intelligence (AI) Stocks to Buy for 2026 and Beyond
NvidiaNvidia(US:NVDA) Yahoo Finance·2026-02-04 16:05

Core Insights - The growth in artificial intelligence (AI) is primarily driven by software and chatbots, with significant corporate spending projected to reach $10 trillion in the AI investment cycle, indicating that the industry is still in its early stages [1] Company Insights - Nvidia is a leading player in the AI space, producing powerful graphics processing units (GPUs) essential for training AI models, and is managed by a team focused on maintaining a competitive edge [2] - The demand for Nvidia's chips is strong, evidenced by a 66% year-over-year increase in its data center business in the recent quarter, and the company is expanding its offerings beyond GPUs [3] - Nvidia is set to launch its new Rubin platform, which will utilize six different chips to deliver five times the performance of its current Blackwell generation, positioning it as a powerful AI supercomputer [4] - The Rubin platform aims to reduce the operational costs of advanced AI models in data centers, facilitating faster development and adoption of autonomous AI technologies [5] - Nvidia's strategic focus on future AI needs has resulted in substantial profitability, with net income of $99 billion on $187 billion in revenue over the last year, solidifying its status as a blue-chip investment [6] - The stock is currently trading at a conservative valuation of 24 times forward earnings estimates, suggesting potential for solid returns for investors [7]

2 "Blue Chip" Artificial Intelligence (AI) Stocks to Buy for 2026 and Beyond - Reportify