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AI Momentum: 3 Top Ranked Stocks Breaking Out Now
ARMArm plc(ARM) Zacks Investment Research·2024-03-21 17:36

Broad markets are breaking out to new highs, and so are the leading Artificial Intelligence stocks. Although some investors may think of the providers of AI software like Microsoft (MSFT)  or Alphabet (GOOGL) , the real winners of this new trend are the semiconductor producers.Owning chipmakers means owning the infrastructure for this burgeoning industry – it’s called a pick and shovels approach and involves investing in the underlying technology rather than the end product.When following a new secular mega ...