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Top AI Stocks To Buy In 2023? 2 To Know

AI stocks to watch in the stock market today.

Artificial intelligence, or AI, is a rapidly evolving field that is transforming how we live, work, and play. Simply put, it’s a technological area that enables machines to mimic human intelligence—making decisions, recognizing patterns, understanding languages, and more. This powerful technology is already changing the face of several industries. This includes industries from healthcare and finance to entertainment and transportation, and its potential for future impact is vast. Hence, from an investment perspective, AI presents a broad array of opportunities.

AI stocks represent companies that either develop AI technologies or utilize them to enhance their products, services, or operations. These range from big tech companies to smaller firms that are pioneering novel applications of the technology. Investing in these companies allows individuals to capitalize on the growth and evolution of AI. Potentially reaping substantial returns as the technology advances and becomes more pervasive.

However, like any investment, AI stocks come with their own set of risks and considerations. The technology is still in its growth phase, and the landscape is highly competitive. The success of AI projects can be hard to predict, and companies in this space are often subject to regulatory scrutiny due to concerns over data privacy and ethical implications. Therefore, while the sector holds enormous potential, investors need to thoroughly understand the company and technology they’re investing in, and be prepared for possible volatility. Given this, let’s look at two AI stocks to watch in the stock market right now.

AI Stocks To Watch Today

Nvidia (NVDA Stock)

First up, Nvidia (NVDA) is a prominent player in the AI sector, well-known for its graphics processing units (GPUs). These GPUs are highly effective at handling the computations required for AI applications, especially those related to deep learning and machine learning. The company continues to innovate, developing specific hardware tailored to AI workloads.

Late last month, NVIDIA and SoftBank Corp announced a joint venture to create a platform for generative AI and future 5G/6G applications. The platform will leverage NVIDIA’s GH200 Grace Hopper Superchip and will be rolled out across new, AI-focused data centers in Japan, constructed by SoftBank. This innovative platform is aimed at facilitating the rapid deployment of AI applications and services worldwide. By utilizing the new NVIDIA MGX reference architecture with Arm Neoverse-based GH200 Superchips, they aim to enhance performance, scalability, and resource efficiency, all while reducing costs and increasing energy efficiency.

Since the start of 2023, shares of NVDA stock have advanced by 175.81% year-to-date. Meanwhile, looking at Tuesday’s pre-market trading session, NVDA stock is trading higher by 1.82% at $402.00 a share.

Source: TD Ameritrade TOS

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Alphabet (GOOGL Stock)

As the parent company of Google, Alphabet (GOOGL) is deeply involved in AI research and applications. Google’s search engine, voice assistant, and self-driving car project, Waymo, are all powered by AI. The company’s cloud computing service, Google Cloud, also offers AI and machine learning tools for businesses.

Alphabet Inc., in their financial announcement for the first quarter of 2023, revealed results that exceeded what the market had forecasted. The tech giant reported an earnings per share (EPS) figure of $1.17 and revenue of $69.8 billion. These figures surpassed analysts’ consensus estimates for the quarter, which had projected an EPS of $1.06 and total revenues nearing $68.9 billion.

Year-to-date shares of Alphabet stock have increased by 38.73% so far. While, during Tuesday’s premarket trading session, GOOGL stock is trading slightly higher by 0.78% at $124.60 per share.

Source: TD Ameritrade TOS

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By Brett David

Brett David is a digital marketing and finance professional for nearly 10 years now and a contributing author for His passion for digital marketing and the stock market began after graduating with a B.S.B.A in business administration and finance. After completing college, he went on to becoming an entrepreneur in the marketing and finance space, which led to becoming a contributor to outlets such as,, and

Brett loves the ability to deliver to his readers engaging and educational content that can be easily consumed by the reader. He enjoys writing about a wide variety of companies ranging from blue-chip stocks to the undervalued small and micro cap stocks. His favorite stock market sectors today to write about are: Tech, Cannabis, Mining, Biotech, and TMT.

Brett has worked with hundreds of publicly traded companies on increasing their digital footprint and corporate outreach since 2013.

You can find Brett most of time digging through corporate filings conducting fundamental analysis or at an industry conference looking for the next big trend or company to hit the street. His digital marketing experience gives a competitive edge over other contributing authors by allowing him to see and analyze trends faster than the next person.

Brett, a South Florida native, enjoys spending time with his wife and son outdoors, and is an avid basketball and MMA fan.

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