Meet the Unstoppable AI Stock Poised to Join Nvidia, Taiwan Semiconductor, and Broadcom in the $1 Trillion Club by 2031

There's no denying the impact of artificial intelligence (AI) on the tech landscape over the past couple of years, but the extent of the transformation remains to be seen. A quick review of the world's most valuable companies by market cap provides compelling evidence: Nine of the top 10 -- all members of the $1 trillion club -- have undeniable ties to AI.Several key players in the semiconductor and information technology (IT) spaces have taken up residence on the list. Nvidia provides 98% of the graphics processing units (GPUs) that underpin generative AI in data centers, Taiwan Semiconductor Manufacturing's foundry produces roughly 90% of the world's most advanced AI chips, and Broadcom is a critical part of tech infrastructure, with 99% of all internet traffic passing through its equipment.With a market cap of just $457 billion, it might seem premature to presume Oracle (NYSE: ORCL) will earn its membership in this elite fraternity. However, the company's recent business performance and management's long-term outlook provide compelling evidence that the accelerating demand for AI will fuel additional growth for years to come.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool