11 Hot AI Stocks to Buy Right Now

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2. Microsoft Corporation (NASDAQ:MSFT)

Avg Volume: 20.43 million

Number of Hedge Fund Holders: 294

Microsoft Corporation (NASDAQ:MSFT) ranks among the best hot AI stocks to buy right now. On September 18, Microsoft Corporation (NASDAQ:MSFT) announced plans to expand its spending in Wisconsin to over $7 billion by constructing a second major artificial intelligence data center. The new $4 billion project will complement a $3.3 billion data center that was unveiled last year in Mount Pleasant, in the state’s southeast.

Microsoft Corporation (NASDAQ:MSFT) claims that the location will eventually contain the most potent AI supercomputer in the world, which will link hundreds of thousands of powerful NVIDIA chips, once the second large-scale data center is completed.

Microsoft Corporation (NASDAQ:MSFT) is a leading technology company known for its core software products, which include the Windows OS, Microsoft 365 suite, and Edge browser. Its product portfolio includes corporate software, software development tools, video games, gaming gear, and cloud services.

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