Savvy investors will want to check out stocks that capitalize on artificial intelligence -- using computers to simulate human thinking, reasoning and problem solving. Companies that use AI technology often do so by using software to process huge amounts of data. As the pandemic of 2020 forced lockdowns, many businesses took advantage of AI to interact with the public, as face-to-face contact was limited. That trend seems likely to continue. In a November market forecast, Gartner Inc. predicted the market for AI would grow 21.3%, to $62.5 billion, in 2022.

"It's hard to explain how shares of Micron Technology, manufacture of DRAM and NAND semiconductor chips, can fall during a global chip shortage. In most industries, focusing on demand can give you a clear insight into what lays ahead for a company. Today, the memory and storage chip industry is no different. However, in the past, companies focused on market share led to the reckless build out of chip fabrication plants (FABs), oversupply, falling average selling prices (ASPs) of memory and storage chips, lower margins, and declining cash flows. As the industry consolidated – there are now just 3 major producers of DRAM and 5 on the NAND side – rational behavior among the key players began to take hold as competitors began focusing more on R&D.

Just about everyone knows artificial intelligence (AI) is taking hold in many parts of our lives. What most people are referring to when they say AI is actually machine learning (ML) -- the use of algorithms to mimic the way humans take in information and gradually learn to make more-accurate predictions. Some companies are doing it better than others. Three that are doing it well are trading at attractive valuations right now. Upstart ( UPST -2.06%), Microsoft ( MSFT 0.62%), and JPMorgan Chase ( JPM -0.30%) are all market leaders investing heavily in AI innovation.

As more and more companies adopt artificial intelligence (AI) in their operations, investors may be considering AI stocks in the stock market. After all, AI remains to be an increasingly relevant area of research now. For the uninitiated, AI deals with machines that attempt to emulate human intelligence. Most of us may think of sentient robots and futuristic gadgets upon hearing the term. But in reality, AI often revolves around complex algorithms and software which enable enterprises to make more effective decisions.

Over the course of the last few years, the world has embarked on a transformation that is the result of artificial intelligence (AI). These changes have come about primarily because of advances in the AI technique of deep learning, which processes mass quantities of information and is able to establish relationships and draw conclusions based on the data. While each of the following three companies represents a distinctly different approach to the AI revolution, they have all benefited enormously by being among the early adopters of this groundbreaking technology. Read on to find out why Adobe Systems Incorporated (NASDAQ: ADBE), NVIDIA Corporation (NASDAQ: NVDA), and Micron Technology (NASDAQ: MU) were among the best performing AI stocks of 2017. Adobe is best known for its Portable Document Format (PDF), which is used to create and exchange documents, and its suite of creative software tools like Photoshop, Illustrator, and InDesign.

Investing is becoming difficult by the day, even for smart money. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn't keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey's research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and July 2021, our monthly newsletter's stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here).

In this article we will take a look at the 10 best artificial intelligence stocks for 2021. You can skip our detailed analysis of the AI industry's outlook for 2021 and some of the major growth catalysts for AI stocks and go directly to 5 Best Artificial Intelligence Stocks for 2021. Artificial intelligence is a buzzword increasingly being used by companies around the world that seek to project themselves at the forefront of cutting-edge research that promises to transform the lives of humans. As the word loses its meaning, it is important for investors to understand what artificial intelligence is and what companies stand to gain from breakthroughs in the new technology. Market estimates suggest that the artificial intelligence industry will witness a compound annual growth of more than 40% in the first half of this decade. Artificial intelligence, in the simplest words, uses data analytics to perform tasks that would otherwise be performed by humans.

New-age technologies such as artificial intelligence, machine learning, and robotics have become an integral part of everyday human life. These technologies are significantly contributing to business transformation, enabling organizations to gain a competitive advantage over their peers. Thanks to its broader features and considerable benefits, more and more companies are investing in artificial intelligence to strengthen and meet their business objectives. Thus, as investing in technology or buying tech stocks have become a business phenomenon today, here are the 10 best artificial intelligence stocks to buy that can generate higher ROI. Tech giant Microsoft is continuously pivoting its way to innovation.

Artificial intelligence (AI) is probably today's hottest tech growth trend. Spending on AI systems will soar from $37.5 billion in 2019 to $97.9 billion in 2023 -- that's a 28.4% compound annual growth rate -- according to estimates by research firm IDC. So it makes great sense for investors to want some exposure to AI in their portfolios. To help you cut through the many investment choices, we asked three Motley Fool contributors who cover the AI space to name their top AI stock pick for 2020 and beyond. The kicker here is that they needed to love their stock pick enough to own it.

Artificial intelligence is already revolutionizing industry, like it or not. Wall Street occasionally seizes upon futuristic themes with religious fervor, bidding up shares in companies that supposedly lead in one space or another. AI once occupied that "fascinating-but-far-off" thematic market sector, but the best artificial intelligence stocks to buy today use techniques like machine learning and neural networks routinely as a core function of their business. That said, this is just the early innings, and the area's profit potential is hard to overstate. Here are 10 AI companies betting big on artificial intelligence.