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02.07.2025 10:10:00
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This AI Stock Is One of the Most Popular Among Billionaires Right Now (Hint: It's Not Nvidia)
When you think of an artificial intelligence (AI) success story -- and one that's likely to continue -- you may think of Nvidia (NASDAQ: NVDA). That's because the company is the world's leading AI chip designer, and these chips as well as related products and services have helped earnings to skyrocket, reaching record levels. And since the AI market is projected to reach into the trillions of dollars in a few years, Nvidia surely has many more bright days ahead.So, you might expect this stock to be a favorite among billionaire investors. But some billionaires actually have sold Nvidia in recent times, and others, regardless of their positions in Nvidia, clearly prefer another AI player right now. This company is one that sells AI products and services to customers and uses AI to advance its own business too. Today, this stock is among the top holdings of billionaires including Chase Coleman of Tiger Global Management, Philippe Laffont of Coatue Management, and Stephen Mandel Jr. of Lone Pine Capital. Let's check out this popular-with-billionaires AI player -- and consider if it may be right for you too.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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