The present bull market has been propelled by artificial intelligence (AI). The S&P 500 reached new all-time highs in 2024 thanks to the efforts of large tech corporations like Nvidia. Still, it's possible that the AI boom is only getting started.
According to researchers at Bain, the market for AI hardware and software might expand by 40% to 55% annually throughout the next three years. In 2027, that may bring the total amount spent on AI very close to $1 trillion.
Even while the high expectations are already included into the price of many AI stocks, there are still many of chances for investors. You could get a stake in each of these three companies for about $400.
The investments include software, hardware, and the crucial infrastructure that connects them all.