3 Technology Stocks That Could Help Set You Up for Life

• Micron's AI representation request is unprecedented.

• Alphabet's Google Gemini is rapidly becoming a default AI chatbot.

• No institution tin lucifer Taiwan Semiconductor's AI manufacturing prowess.

• 10 stocks we similar amended than Micron Technology ›

It's nary astonishment to anyone funny successful investing that owning tech stocks is 1 of the champion ways to acquisition awesome gains. Unfortunately, not each tech stocks that are soaring close present volition proceed to bash truthful successful the coming years.

How tin investors find the champion ones to bargain and clasp for years to assistance acceptable them up for life? It's champion to absorption connected companies benefiting from a monolithic inclination -- similar artificial quality (AI) -- and that carved retired a niche successful that space. Here are 3 that person done conscionable and could bring important gains for years to come.

If you've ne'er heard of Micron Technology (NASDAQ: MU), the institution designs and manufactures memory, DRAM, and NAND, which person go cardinal necessities successful artificial quality information centers. Demand for representation driven by AI is truthful precocious that Micron's enforcement VP of Operations, Manish Bhatia, precocious said, "The shortage we are seeing is truly unprecedented."

As cardinal supplier of representation to Nvidia and different AI companies, Micron is already benefiting from this request and successful the archetypal 4th (which ended Nov. 27), the company's gross accrued 57% to $13.6 billion, and non-GAAP (generally accepted accounting principles) net per stock roseate 167% to $4.78.

To assistance conscionable the rising request for AI memory, Micron precocious broke crushed connected its archetypal of up to 4 factories successful the U.S., investing up to $100 cardinal implicit the adjacent 2 decades to physique much representation plants. That's a wide motion that Micron sees representation request remaining for many, galore much years ahead.

Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Gemini is presently playing 2nd fiddle to OpenAI's ChatGPT, but the institution has made important gains precocious that could yet enactment Alphabet connected top.

First, Gemini present has implicit 650 cardinal monthly progressive users, up from astir 400 cardinal conscionable six months earlier. This accelerated emergence shows Alphabet's vantage of offering Gemini successful everything from high-end Android phones to its fashionable Google Workspace apps.

The 2nd large determination is simply a caller collaboration with Apple, successful which Gemini volition go the underlying AI exemplary for the adjacent iteration of Siri. This is simply a large triumph for Alphabet (and an admittance of nonaccomplishment of sorts for Apple), which means perchance millions much radical volition soon beryllium tapping into Gemini for their AI chatbot needs. Apple volition reportedly wage Alphabet astir $1 cardinal annually to usage Gemini connected its devices.