Artificial Intelligence (AI) Technology Doesn't Happen Without This Stock

ASML's technology is crucial in the manufacturing of high-powered chips.Artificial intelligence (AI) requires many different technologies. While some investors focus on the companies that are developing or deploying AI models, these businesses need hardware with the computing power to create and use those models.This is why stocks like Nvidia have such growth power: The company's GPUs are used by essentially every company involved in AI.There are alternatives to Nvidia, but all of those competitors have to ...