5 High Growth AI Stocks to Buy

2. Microsoft Corporation (NASDAQ:MSFT)

Market Capitalization as of 2/16: $1.95 trillion

EPS Growth Forecast Next 5 Years: 11.77%

Microsoft Corporation (NASDAQ:MSFT) benefits from AI in multiple ways. Given it sells enterprise software, the company can incorporate AI into its software to make it potentially more useful for its customers. If its software is more useful, Microsoft Corporation (NASDAQ:MSFT) could potentially realize higher demand. Second, Microsoft Corporation (NASDAQ:MSFT) has a large cloud computing business that could realize more demand from AI processing in the future. Third, the company owns Bing which could gain market share if it successfully incorporates AI even though it is currently error prone. Finally, Microsoft Corporation (NASDAQ:MSFT)’s investment in OpenAI could increase in value if ChatGPT becomes very profitable in the long term.