AI is creating powerful long-term investment opportunities for retail investors.
The global artificial intelligence (AI) market is estimated to grow from $279 billion in 2024 to surpass $1.8 trillion by 2030. Semiconductor players have been aggressively supplying advanced chips to build AI infrastructure, while many consumer companies are creating broad AI platforms.
Broadcom ( AVGO 10.07% ) and Meta Platforms ( META -1.74% ) exemplify these two sides of the AI story -- one powering the infrastructure with custom chips and networking, and the other deploying AI at scale across billions of users.
Here's why shares of these two companies can be smart picks now.
1. Broadcom
Broadcom has emerged as a key player in AI infrastructure, with a diversified portfolio of custo