13 Best Tech Stocks to Buy for the Long Term

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1. NVIDIA Corporation (NASDAQ: NVDA)

3-Year Performance: 1125.23%

5-Year Revenue Growth: 64.24%

Number of Hedge Fund Holders: 235

NVIDIA Corporation (NASDAQ:NVDA) is one of the best tech stocks to buy for the long term. On September 9, the company unveiled the NVIDIA Rubin CPX, a new graphics processing unit specifically designed for massive context processing.

The new GPU is specifically designed to handle million token software coding. It is intended to mark another milestone in artificial intelligence computing, as it is designed for a massive AI context. Consequently, it is poised to transform AI coding assistants from simple code generation tools to sophisticated systems that can be used for large-scale software projects.

“With NVIDIA Rubin CPX, Cursor will be able to deliver lightning-fast code generation and developer insights, transforming software creation,” said Michael Truell, CEO of Cursor. “This will unlock new levels of productivity and empower users to ship ideas once out of reach.”

NVIDIA Corporation (NASDAQ:NVDA) is a technology giant that specializes in GPU-accelerated computing, creating hardware and software for gaming, professional visualization, data centers, and the automotive market. Its GPUs, or graphics processing units, are revolutionizing computing and AI.

While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

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