Adobe (NASDAQ:ADBE) look like smart long-term stock investments. Here s why these are three artificial intelligence stocks to consider adding to your portfolio.
1. NVIDIA: The hardware under the hood
Machine learning is a type of artificial intelligence that uses vast amounts of data to train algorithms, with the goal of creating a model (the output of an algorithm) capable of making decisions. Put another way, machine learning is the science of teaching machines to be think for themselves using predetermined instructions. Doing this well is both a time-consuming and a costly process.
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Fortunately, NVIDIA s AI-focused computer chip designs and software make the process faster and cheaper. The company s best-in-class graphics processing units (GPUs) excel at parallel processing, meaning they can process lots of data very quickly. This makes them well suited for teaching AI algorithms and powering machine learning models. In fact, based on recent perfor