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These 3 Artificial Intelligence (AI) Stocks Look Cheap Right Now
The artificial intelligence industry is booming, which makes it an attractive sector to invest in. But AI hype has pushed up stock prices for several tech companies and inflated their valuations in many cases.Fortunately, investors looking for AI bargains can still find some. One of these is Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, which Nvidia employs to construct its AI chips. Two others are Super Micro Computer (NASDAQ: SMCI), commonly called Supermicro, and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).Looking at the price-to-earnings (P/E) ratio of these three AI stocks compared to Nvidia reveals that they are trading at much lower valuations at the time of writing.Continue reading
The artificial intelligence industry is booming, which makes it an attractive sector to invest in. But AI hype has pushed up stock prices for several tech companies and inflated their valuations in many cases.
Fortunately, investors looking for AI bargains can still find some. One of these is Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, which Nvidia employs to construct its AI chips. Two others are Super Micro Computer (NASDAQ: SMCI), commonly called Supermicro, and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).
Looking at the price-to-earnings (P/E) ratio of these three AI stocks compared to Nvidia reveals that they are trading at much lower valuations at the time of writing.
