23/7/2024, 4:09:04 pm

2 Top Artificial Intelligence (AI) Stocks Ready for a Bull Run

Broadcom's stock has risen significantly due to its role in the AI ecosystem, with AI-related revenue expected to increase from 5% to 25% of semiconductor solutions revenue by the end of the year. Alphabet's Google advertising generates $61.7 billion in revenue, while its cloud platform, Google Cloud, saw 28% revenue growth to $9.6 bn in Q1, with operating income increasing by 370% to $900 mn.