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Which AI stocks should I keep an eye on in the world of digital currencies?

avatarSalomonsen TobiasenDec 27, 2021 · 3 years ago5 answers

In the world of digital currencies, which AI stocks should I pay attention to? I'm interested in investing in artificial intelligence companies that are involved in the cryptocurrency industry. Can you recommend any specific AI stocks that have potential for growth?

Which AI stocks should I keep an eye on in the world of digital currencies?

5 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure, investing in AI stocks in the digital currency industry can be a great opportunity. One AI stock to consider is NVIDIA Corporation (NVDA). NVIDIA is a leading technology company that provides AI solutions for various industries, including cryptocurrency mining. With their expertise in AI and their involvement in the crypto space, NVIDIA has the potential for growth in the digital currency market.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to AI stocks in the world of digital currencies, you should definitely keep an eye on Advanced Micro Devices (AMD). AMD is a semiconductor company that offers AI solutions and technologies. They have been actively involved in the cryptocurrency industry, particularly in providing hardware for mining operations. Considering their strong position in the AI market and their connection to digital currencies, AMD could be a promising investment.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, recommends keeping an eye on Alphabet Inc. (GOOGL). Alphabet is the parent company of Google and has been investing heavily in AI research and development. While not directly involved in the cryptocurrency industry, their advancements in AI technology could have a significant impact on the future of digital currencies. Investing in Alphabet could be a way to indirectly benefit from the growth of AI in the digital currency space.
  • avatarDec 27, 2021 · 3 years ago
    Another AI stock worth considering in the world of digital currencies is International Business Machines Corporation (IBM). IBM has a long history of innovation in AI and has been exploring various applications of AI in different industries, including finance and digital currencies. With their expertise and resources, IBM could potentially play a significant role in the development of AI-driven solutions for the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for a more speculative investment, you might want to keep an eye on smaller AI companies that are directly involved in the cryptocurrency industry. These companies often have a higher risk but also a higher potential for growth. Some examples include Bitmain Technologies, a leading manufacturer of cryptocurrency mining hardware, and Chainlink, a blockchain-based platform that aims to connect smart contracts with real-world data through AI-powered oracles.