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Projections are that artificial intelligence demand will remain extremely strong, but eventually the cycle will turn.
In this video, Motley Fool contributor Jason Hall breaks down why Nvidia (NVDA -1.04%) and Taiwan Semiconductor (TSM -2.76%) have been his best-performing artificial intelligence stocks in 2024 and why activity at Advanced Micro Devices (AMD -1.39%), along with its CEO's expectations, are worth knowing.
*Stock prices used were from the afternoon of Dec. 17, 2024. The video was published on Dec. 17, 2024.
Jason Hall is a contributing Stock Market Analyst at The Motley Fool and has been with the company since 2012. Prior to that, Jason spent more than a decade in a technical sales role in the printing and information services industry. He also founded and operated a small food manufacturing business for many years. Fun fact: Jason has backpacked on three continents and scuba dived in over 100 locations around the world, but his favorite place to be found is on a baseball or soccer field, coaching or cheering on his son.
Jason Hall has positions in Nvidia and Taiwan Semiconductor Manufacturing and has the following options: short December 2024 $210 calls on Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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