AI – investments of the future

Target Price: $140

 

The company whose chips made the current AI revolution possible. Nvidia chips, network equipment and software are used in the most modern AI-oriented data centers. The company has long been not just selling chips, but providing a huge range of services in the field of AI and offering customers whole building blocks for data centers.

Target price: $500

 

A diversified technology giant that launched a new AI revolution with OpenAI. The company is rapidly developing AI tools, integrating them into most of its products and making them available to a wide range of customers.

Target price: $200

The largest and most technologically advanced contract chip manufacturer in the world, even Nvidia and Apple cannot do without its services.

Target price: $205

The company has invested in AI for many years, but has not taken aggressive steps to introduce it into people's lives. Now the company is acting as a catch-up after the success of Microsoft and ChatGPT from OpenAI, but the fight is just beginning. Google also has its own specialized AI accelerators (TPUs), which provide a lower cost of working with AI.

Target price: $200

A chip manufacturer with a wide product offering in the data center segment, which also allows it to be a beneficiary of the growing demand for AI. Broadcom is also developing chips for Google data centers, Meta Platforms, and is likely to add to the list of partners in the coming quarters.

Target Price: $195

One of the world's key manufacturers of chips for servers and data centers, which is now one of the few that can compete with Nvidia in the segment of AI solutions.

Target price: $220

Amazon actively uses AI in all internal processes and business segments, including in the cloud business, where the company is actively increasing server capacity for training and applying AI models. In addition, the company develops its own chips for training and operation of AI models.

Target price: $225

One of the world's leading manufacturers of equipment and materials for the production of semiconductors, which are used by almost all global chip manufacturers. The huge demand for chips in the AI era, as well as the focus on the development of an independent semiconductor industry in various countries, makes AMAT services extremely in demand for years to come.

Target price: $200

The company is known to most as one of the world's largest developers of enterprise software, but, more importantly, the creator of the most efficient and secure data centers. Oracle data centers are used by everyone - from companies to government services in different countries, and all three largest cloud infrastructure providers (MSFT, AMZN, GOOGL) have set up seamless integration with Oracle systems and rent its servers.

Target price: $160

One of the world's largest manufacturers of memory chips (DRAM, NAND), which will benefit from the growing demand for memory chips used in the production of data storage systems for DC and GPU production. Also, the trend for PCs and smartphones with AI functionality will double the need for memory chips.

Target price: $76

Developer of chips and software for computer vision systems. Given the pace of development of autonomous cars, the Internet of Things (IoT) and smart urban service systems, these chips will be in high demand. The company's chips are extremely energy efficient and are designed for real-time image and video compression and processing using AI. There is a cyclical decline in the Auto and IoT segment, but recovery is expected by the end of 2024 and at the same time the company will introduce its new chips to the market.

Target Price: $29

An innovative developer of safe batteries with high capacity and density for energy, designed for wearable devices. The trend towards increasing the power and compactness of wearable electronic devices, fueled by the AI trend, makes the development of efficient batteries one of the main engineering tasks.