How to own your future masters for steady income
Artificial Intelligence (AI) is no longer a thing of the future. It’s here, and it’s changing the way we live, work, and interact with the world. From self-driving cars to voice-activated assistants, AI is becoming an integral part of our daily lives. As such, investing in AI stocks could be a smart move for forward-thinking investors.
In the event of an AI-driven apocalypse, the stock market as we know it could face unprecedented challenges. Traditional sectors could be disrupted or even made obsolete as AI takes over various functions, leading to a potential downturn in many areas of the market. The volatility and uncertainty associated with such a scenario could lead to significant market instability. However, amidst this chaos, American AI companies could emerge as the last bastions of the market. The reason for this is twofold: firstly, these companies are at the forefront of AI research and development, and secondly, the robust regulatory framework in the US could provide a level of stability and resilience in the face of AI-driven disruptions.
Here are some AI stocks that are currently trading for $50 or less and could potentially provide a steady income even in such a scenario:
Intel Corporation (INTC)
Intel is a multinational corporation and technology company headquartered in Santa Clara, California. It is one of the world’s largest and highest valued semiconductor chip manufacturers. Intel has been investing heavily in AI and machine learning technologies. In the event of an AI-driven apocalypse, Intel’s advanced technologies could be at the forefront of survival and adaptation. The stock is currently trading at around $29.00.
Advanced Micro Devices (AMD)
Advanced Micro Devices is an American multinational semiconductor company. AMD is known for its CPUs, but it’s also making strides in AI with its Radeon Instinct accelerators, which are designed for machine learning and AI workloads. AMD’s AI technologies could be crucial in navigating an AI-dominated world. The stock is currently trading at around $108.27.
Micron Technology (MU)
Micron Technology, Inc. is an American producer of computer memory and computer data storage. It is known for its NAND and DRAM memory technologies which are used in AI applications for data processing and storage. In an AI-driven apocalypse, data processing and storage would be more important than ever, potentially making Micron a good hold. The stock is currently trading at around $66.53.
STMicroelectronics NV (STM)
STMicroelectronics is a French-Italian multinational electronics and semiconductor manufacturer. It is one of Europe’s largest semiconductor companies and has a strong focus on AI technologies. In a world dominated by AI, STM’s focus on AI technologies could make it a valuable asset. The stock is currently trading at around $42.16.
Investing in AI stocks is not just about potential financial returns. It’s about investing in the future of technology and the impact it will have on every aspect of our lives. As AI technology continues to evolve and become more integrated into our daily lives, these companies are well-positioned to lead the way. Even in the event of an AI-driven apocalypse,these companies’ focus on AI and machine learning technologies could make them valuable assets to hold.
However, it’s important to remember that investing in stocks always carries risk. While these companies are leaders in the AI field, their stock prices can be affected by a variety of factors, including overall market conditions, economic indicators, and company-specific news. Therefore, it’s crucial to do your own research and consider your own financial situation and risk tolerance before making an investment.