2 Top Artificial Intelligence Stocks to Buy in August

Memory chip maker Micron Technology (MU) and online services giant Google (GOOG, GOOGL) present compelling investment opportunities amid the AI boom. Both stocks remain undervalued relative to their growth potential in artificial intelligence applications.

Micron's cyclical business model shows consistent long-term growth despite periodic downturns. The current AI-driven memory demand surge follows historical patterns where each peak surpasses previous highs. Semiconductor memory remains critical for smartphones, AI systems, and automotive computing.

Alphabet's Google combines AI leadership with stable cash flows from search and advertising. The parent company's diversified tech portfolio positions it to capitalize on enterprise AI adoption while maintaining revenue stability during market fluctuations.