Artificial intelligence (AI) stocks have soared over the last couple of years as optimism about the technology and its capabilities continues to grow. As most investors know, one of the more notable success stories is Nvidia,

Artificial intelligence continued to be a driving force behind stock market returns in 2024. Here are some of the stocks that have benefited the most.

One of the biggest themes that helped drive the market last year was artificial intelligence (AI). Known as one of the U.S. government's most important vendors, Palantir Technologies (NASDAQ: PLTR) and its data gathering and analytics solutions have been used for such critical tasks as fighting terrorism and tracking COVID-19 cases.

Palantir Technologies ( PLTR -2.52%) had an explosive 2024, reporting its highest profit ever, joining the S&P 500, and seeing its shares surge 340%. But the stock may have farther to go, possibly this year but particularly over the long term.

Rather than focusing on quarterly earnings beats or temporary market sentiment, my investment strategy centers on identifying companies that can compound value over many years or even decades. While many view the current AI boom skeptically,

Many artificial intelligence (AI) stocks have generated fantastic gains for investors over the past couple of years. Even if you didn't invest early in this trend, you still could have made good returns last year by investing in some top performing AI stocks.

Nvidia (NASDAQ: NVDA) and Taiwan Semiconductor Manufacturing (NYSE: TSM) are among the stocks that I think can outperform the market over the next five years. Nvidia is a stock that has made plenty of people rich.