Two Artificial Intelligence (AI) Stocks Poised for Success in July

Remember the tech industry slump of a couple years ago? It feels like ancient history now! The AI boom of last year breathed new life into the sector, turning those stock charts from sad, droopy lines into exhilarating rollercoasters. The Nasdaq-Technology Sector, which measures the performance of tech giants, took a bit of a nosedive in — like a forty percent plunge! But then, OpenAI’s ChatGPT burst onto the scene, and suddenly, investors remembered how to get excited about tech again. Since the beginning of last year, the Nasdaq-Technology Sector has been on fire, soaring by a whopping eighty-eight percent.

And guess what? This AI train isn’t slowing down anytime soon. Experts predict the AI market will be a multi-trillion dollar behemoth by the end of the decade. That’s right, trillions with a “T”! So, even though the initial gold rush has come and gone, there’s still a huge opportunity to strike it rich by investing in the right AI companies.

Intel: A Sleeping Giant Ready to Roar?

Undervalued and Primed for Growth

Okay, let’s talk Intel. Yeah, yeah, I know what you’re thinkin’: “Intel? Aren’t they a little, you know, yesterday’s news?”. Sure, their stock is up a respectable eighteen percent since early last year, but that’s practically pocket change compared to Nvidia’s jaw-dropping seven hundred and forty-five percent surge or even AMD’s very respectable one hundred and forty-four percent climb. Wall Street seems a tad skeptical, still haunted by Intel’s past stumbles like losing a chunk of the chip market and, let’s be honest, that whole Apple partnership going kaput.