There’s little doubt as to the stock market’s biggest winners as it relates to artificial intelligence (AI). Nvidia‘s (NASDAQ: NVDA) processors are the centerpiece of most AI data centers, while Palantir Technologies‘ artificial intelligence software is making the most out Nvidia’s hardware. Both stocks have performed incredibly well over the course of the past couple of years.
As is the case with any young industry, though, smaller companies are finally figuring out how to capitalize on AI’s growth. Although outfits like Palantir and Nvidia are at no immediate risk of being dethroned in terms of size or reach, don’t be surprised to see some new names taking the lead in terms of performance as we begin the next chapter of the AI era.
Here are three such names to put on your radar, if not yet in your portfolio.