3 Technology Stocks Poised for AI-Driven Growth
The technology sector continues to dominate market returns, fueled by artificial intelligence innovations. Broadcom's recent partnership with OpenAI signals a seismic shift in AI infrastructure development. The semiconductor giant plans to deploy 10 gigawatts of AI accelerators by 2029, potentially generating $90 billion in annual AI revenue by 2027.
Nvidia maintains its stranglehold on the AI chip market despite growing competition. The company currently powers at least 70% of AI computing workloads, with its architecture becoming the de facto standard for machine learning operations globally.