While Nvidia stock has dropped 15% in the past week, here are 3 AI companies benefiting from Generative AI Breakthroughs: Oracle (NYSE:ORCL), Poet Technologies (NASDAQ:POET), and C3 AI (NYSE:AI).
These three companies represent the three main segments of the emerging Gen AI industry: AI Hardware, AI Models, and AI Applications. Of these companies, I currently own a small position in Poet, but I'm actively considering investing in the other two. My thesis is that these smaller AI companies that have not yet run up in price that same way Nvidia or Microsoft have puts them at an advantage as AI continued to reshape the economy over the coming years.
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