Nvidia (NASDAQ:NVDA), a leading artificial intelligence (AI) chipmaker, has seen its value surge by 207% since the beginning of 2023, as the AI sector continues to grow. Tesla (NASDAQ:TSLA) and Adobe (NASDAQ:ADBE) are emerging as potential investment opportunities in this field. Tesla is transitioning from an electric car manufacturer to a diversified tech titan, with a focus on machine learning, robotics, and self-driving vehicles. Adobe has embraced generative AI technology, launching Firefly – a collection of AI tools that enable users to generate content based on written or verbal prompts. Both Tesla and Adobe offer investment opportunities in the AI sector, but cater to different aspects of the technology.
