Qualcomm is an interesting buy due to its growth in AI, edge devices, and data centers, with a cheap valuation despite current phone industry reliance.
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3 AI Tech Stocks You'll Wish You Bought on This Dip (One Is Down 20%)
The creator discusses three AI tech stocks that have recently experienced a dip, highlighting Broadcom (AVGO) and IREN as attractive investment opportunities due to their involvement in the growing AI chip and compute market. The creator notes that while Nvidia remains the leader, companies like Broadcom are crucial for custom chip design and IREN is expanding its cloud solutions and data center presence.
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IREN is highlighted as an attractive AI stock despite recent price drops, due to its cloud solutions, potential Nvidia investment, and global expansion.
Nvidia is acknowledged as the king of the AI chip market, but the creator is looking at other opportunities outside of core positions.
Broadcom (AVGO) is presented as a buy opportunity due to its attractive forward PE ratio of 25 and its crucial role in AI chip design, with strong long-term visibility.
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