Buy Now and Hold Forever: 2 Artificial Intelligence (AI) Leaders

The artificial intelligence (AI) market is expected to add trillions to the global economy, and investors looking for rewarding buy-and-hold investments in the field don't need to take high risks. Investing in companies that are supplying the computing hardware to power AI technology, as well as those that could benefit from growing adoption of AI-powered consumer products, could earn satisfactory returns. Here are two stocks to consider buying for the long term.Image source: Getty Images.AI doesn't work without the right chips to train computers to think for themselves. While Nvidia and Broadcom report strong growth, Taiwan Semiconductor Manufacturing (NYSE: TSM) is the one making the chips for these semiconductor companies. TSMC controls over 65% of the chip foundry market, according to Counterpoint, making it the default chip factory for smartphones, computers, and AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool