AI Stocks That I'm Buying and Holding Forever
Over a time frame of three to five years, business results should take over as the key factor for stock performance rather than short-term market sentiment. Amazon's cloud computing business, Amazon Web Services (AWS), is well-positioned to benefit from the massive growth trend in the cloud computing market, which is forecast to reach $2.39 trillion by 2030. As the demand for AI and machine learning continues to rise, companies like Amazon are poised to capitalize on this growth.
- The AI arms race is not just about technological advancements but also about the strategic partnerships and collaborations that companies form with each other to accelerate innovation.
- How will the increasing regulation of AI and its deployment in critical infrastructure impact the long-term profitability and competitiveness of these stocks?