Indirectly Invest in ChatGPT's Developers
Three Stocks to Consider
ChatGPT has taken the world by storm, and investors are eager to capitalize on its success. While OpenAI, the company behind ChatGPT, is not yet public, there are several stocks that offer indirect exposure to its growth potential.
Microsoft (MSFT)
Microsoft is a major investor in OpenAI and is integrating ChatGPT technology into its products, including Bing search and Office applications. This gives MSFT stock a direct connection to ChatGPT's growth.
Nvidia (NVDA)
Nvidia's graphics processing units (GPUs) are essential for training and running AI models like ChatGPT. As OpenAI expands its operations, it will likely continue to rely on Nvidia's hardware, driving demand for NVDA stock.
Alphabet (GOOGL)
Alphabet, Google's parent company, is also investing heavily in AI and has its own chatbot competitor, Bard. While GOOGL may face competition from ChatGPT, its investment in AI provides indirect exposure to the market's growth.
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