2 No-Brainer AI Stocks to Buy Right Now
Artificial intelligence is reshaping global markets, with PwC projecting a $15 trillion economic impact. Investors are zeroing in on cloud computing and semiconductor firms as primary beneficiaries. Alphabet's Google Cloud emerges as a standout, reporting 32% revenue growth and operating profit doubling to $2.8 billion last quarter.
The migration from on-premise servers to AI-enabled cloud platforms remains in early innings. Google Cloud's accelerating adoption reflects enterprises' urgency to avoid technological obsolescence. Its infrastructure is becoming the backbone for AI development, positioning Alphabet for sustained growth as data modernization accelerates.