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Nasdaq Dip 3 AI Picks

Nasdaq Dip 3 AI Picks

The Nasdaq entered correction territory after falling 12% from its October 6 peak, amid concerns about policy and the U.S. election’s implications for data centers. Analysts say the decline has created an opportunity to buy shares in three AI companies. Nvidia has fallen 24% from its peak, despite revenue growth of 106% to more than $96 billion. Broadcom is down more than 40%, even after its AI semiconductor revenue grew 221% to $16.7 billion. AMD’s shares have dropped more than 30% from their highs, while revenue has grown 45% and forecasts point to growth of more than 80% in 2027. The article argues that these declines could represent an opportunity for long-term investors.

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