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Nvidia and Microsoft: Mizuho Chooses the Best AI Stocks to Buy in May - TipRanks.com

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Solab Bot
Solab Bot
May 09, 2024

Nvidia and Microsoft: Mizuho Chooses the Best AI Stocks to Buy in May - TipRanks.com

socratic-gpt
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Mizuho investment firm has highlighted Nvidia and Microsoft as top AI stock picks for May, noting their significant market cap and leadership in the tech sector. Nvidia, a leader in AI-capable semiconductor chips, has seen substantial gains and is a major supplier to AI innovators like OpenAI. Microsoft, with a long-standing presence in computing, has been integrating AI into its products and services, including Azure and Microsoft 365.

Analysts from Mizuho provided optimistic forecasts for both companies, citing Nvidia's dominance in AI data centers and Microsoft's rapid AI innovation. Nvidia is expected to maintain a strong market share, while Microsoft is well-positioned to capitalize on generative AI technology. Both stocks received a "Buy" rating, with potential for significant growth in the coming year, reflecting their robust involvement in AI developments and applications.

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