Group 1: AI Market Overview - Artificial intelligence (AI) is not just a technology trend but is transforming the world, making long-term investments in leading AI companies a smart move [1] - The article highlights five AI stocks that are recommended for long-term holding [3] Group 2: Nvidia - Nvidia is the clear leader in AI infrastructure, holding over 90% market share in the GPU market as of Q1, with data center revenue increasing more than 9x over the past two years [4] - The company's competitive advantage stems from its CUDA software platform, which has become the primary platform for GPU programming, fostering a rich ecosystem of libraries and tools for AI optimization [5] - Nvidia's auto segment is also experiencing growth, with revenue reaching $567 million last quarter and projected to hit $5 billion for the year, driven by advancements in autonomous driving [6] Group 3: Taiwan Semiconductor Manufacturing - Taiwan Semiconductor Manufacturing (TSMC) is the world's leading semiconductor contract manufacturer, producing chips for major designers like Nvidia and Apple [7] - TSMC has a significant lead in advanced node manufacturing, with 73% of revenue from chips built on 7nm and smaller nodes, and 22% from 3nm chips [8] - The company has gained pricing power as it becomes a vital partner to leading chip designers, ensuring future capacity to meet the growing demand for advanced chips [9] Group 4: ASML - ASML holds a near-monopoly on extreme ultraviolet lithography, essential for manufacturing advanced chips, and will benefit from the capital spending of chipmakers like TSMC and Intel [10] - The introduction of the High NA EUV technology will further enhance chip size reduction, with ASML already shipping multiple systems to major semiconductor manufacturers [11] - ASML is well-positioned for future growth as companies seek to design more powerful AI chips [12] Group 5: Meta Platforms - Meta Platforms operates a powerful digital ad platform, enhanced by AI, with its Llama model driving increased personalization and engagement, resulting in a 5% rise in ad impressions and a 10% increase in pricing in Q1 [13] - The company's new AI tools are improving marketing effectiveness, leading to better creative content and higher returns on ad spend [14] - Meta is expanding its ad services to WhatsApp and Threads, both of which have significant user bases, indicating strong future ad growth potential [15] Group 6: Alphabet - Alphabet's strengths lie in its distribution capabilities, with Chrome holding over 65% market share and Android running on more than 70% of smartphones, alongside its extensive user search data [16][17] - The integration of AI into existing products, such as the new AI Mode in search, has been positively received, with 82% of users finding it more helpful than traditional search [18] - Google Cloud is gaining traction, with Q1 revenue increasing by 28% and operating income more than doubling, while Alphabet's Waymo is expanding its robotaxi services [19][20]

Everyone thinks they know what Meta Platforms (META 2.54%) and Tesla (TSLA -0.31%) are -- a social media company and an electric vehicle (EV) maker. But what if I told you that's like calling Amazon a bookstore? The real story is far more intriguing, and it's unfolding right now.Here's why these two tech giants deserve a permanent spot in your portfolio. The stealth transformation into an AI powerhouseMark Zuckerberg is spending money like a man possessed. The Facebook founder just dropped $14.3 billion to ...

In its latest multi-billion-dollar move, Meta Platforms NASDAQ: META has made a big investment in data-labeling company Scale AI. The tech giant will invest over $14 billion in Scale and gain a 49% stake in the company. So, what does Scale AI do, and why has Meta decided to make this deal? Is it a smart decision, and what does it say overall about Meta’s AI priorities?Get Meta Platforms alerts:Scale AI: Infusing Human Understanding into AI Meta Platforms TodayMETAMeta Platforms$695.77 -1.46 (-0.21%) 52-Wee ...

On Tuesday, Meta held its first-ever AI developer conference, LlamaCon, at its Menlo Park, California headquarters. The company announced the launch of a consumer-facing Meta AI chatbot app, which will compete with ChatGPT, as well as a developer-facing API for accessing Llama models in the cloud. Both releases aim to expand adoption of the company's open Llama AI models, but that goal may be secondary to Meta's true motive: beating OpenAI. Meta's AI ambition, in broad strokes, is fueling a thriving open AI ...