Musk: Bullish on Nvidia and Alphabet in AI stocks
TL;DR
Elon Musk highlights AI and robotics as key future sectors, recommending investments in Alphabet for its AI foundation and Nvidia as the dominant AI player. He also mentions spaceflight companies as potential investment targets.
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According to ChainCatcher, Elon Musk said on a Sunday episode of the "People by WTF" podcast, "AI and robotics are going to become incredibly important. The output of goods and services from AI and robotics will far outweigh everything else." When asked by the host which stocks he would invest in at current prices, he named two: Alphabet (GOOGL.O), Google's parent company and also part of the " Big Seven, " and Nvidia (NVDA.O).
Musk stated that Alphabet " has laid the foundation for creating tremendous value from an AI perspective ." Last month, the company launched the critically acclaimed Gemini 3 AI model, and Google's chips are also garnering increasing praise. Nvidia, on the other hand, is an " obvious " choice. It remains the dominant player in the AI arena, collaborating with virtually all the major players in the industry.
Beyond AI and robotics, Musk also stated that companies involved in " spaceflight " are potential investment targets worth watching . His privately held company, SpaceX, is a leader in the launch industry, although some publicly traded companies, including Rocket Lab, are seeking to challenge its dominance.