Best Stocks & ETFs For Artificial Intelligence

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London-based research company DeepMind, which was acquired by Alphabet parent Google (GOOGL - Free Report) in 2014, has developed an AI system that can predict the 3D shape of all known proteins with almost perfect accuracy. This is a huge development for life sciences and medicine.    

Exponential advancements in AI have changed the nature of computing, making Moore’s law irrelevant. Per WSJ, Huang’s law named for Nvidia’s (NVDA - Free Report) CEO, is in full effect now. We talk about Nvidia and the rise of GPU computing.

Advanced Micro Devices (AMD - Free Report) is surging to all-time highs after reporting as the chipmaker continues to take market share from Intel. Cadence Design Systems (CDNS - Free Report) produces software that designs and builds semiconductors.

The Invesco QQQ (QQQ - Free Report) and NASDAQ 100 ETF (QQQM - Free Report), QQQ’s cheaper version, are the best ETFs to get exposure to many highly innovative companies working on advanced technologies.

The iShares Robotics And Artificial Intelligence Multisector ETF (IRBO - Free Report), ARK Autonomous Technology & Robotics ETF (ARKQ - Free Report), ROBO Global Artificial Intelligence ETF (THNQ - Free Report), Global X Artificial Intelligence & Technology ETF (AIQ - Free Report) are also worth a look.

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William K. 1 month ago Member's comment

Certainly AI has made large changes in the basic computing scheme, and will continue to make disruptive changes. The ultimate effect is not yet obvious to most of us.