The technology market is evolving at a rapid pace lately and artificial intelligence (AI) stocks have emerged as a leading player in the space. Notably, the AI as well as the generative AI (GenAI) sectors are now among the hottest trend globally, due to their wide use cases. However, it’s also worth noting that the growing popularity of AI has cast a shadow on the legal drawbacks and other uncertainties in the market.
A flurry of key players globally, like the EU, China, and others, have already made progress in the AI regulations. However, despite the drawbacks, it has become an attractive investment opportunity for investors. According to Statista, the AI market size is expected to reach $50.16 billion in 2024. In addition, the overall market size is anticipated to grow at an annual rate (CAGR 2024-2030) of 28.30%, which would result in a market volume of $223.7 billion by 2030.
So, let’s take a look at the five AI stocks that investors are focusing on now.
Nvidia Corporation (NA
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