Key Points Two of these hyperscalers have developed their own custom AI chips and foundation models, and their shares trade at relatively reasonable valuations. The company with the higher stock valuation now is the one that made some missteps in its AI strategy. 10 stocks we like better than Alphabet › Amazon (NASDAQ: AMZN) , Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , and Microsoft (NASDAQ: MSFT) are all synonymous with the cutting edge of tech, and all have helped lead the way in the artificial intelligence (AI) trend. Consequently, they now incorporate AI in nearly every part of their businesses.
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