Buying This Top Artificial Intelligence (AI) Stock Looks Like a No-Brainer Right Now

The artificial intelligence (AI) ecosystem was rocked recently by news that Chinese start-up DeepSeek had developed a cost-effective and competent large language model on the cheap. That revelation called into question the tens of billions of dollars that are being poured into the buildout of AI infrastructure, but it looks like the robust spending environment in the tech sector is here to stay.Even after the DeepSeek news, the CEOs of both Meta Platforms and Microsoft asserted that heavy capital expenses would still be necessary to meet the computing power requirements for the forecast increase in demand for AI applications. Moreover, DeepSeek's ability to build an AI model with a significantly lower investment is expected to spur the demand for AI, based on an economic concept called Jevons Paradox.The management team at ASML Holding (NASDAQ: ASML) holds a similar view. In an interview with CNBC discussing the Dutch company's fourth-quarter results (which it released on Jan. 29), CEO Christophe Fouquet remarked that a low-cost AI model could drive demand for AI applications, which in turn would increase the need for processing power to support them.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool