These top-notch tech stocks can generate significant value for long-term investors.
Global corporate spending on data center infrastructure and compute is projected to surpass $600 billion in 2025, nearly double 2023's figure. A few technology companies are well-positioned to benefit from these massive investments, making them compelling long-term picks for retail investors.
Here are two such high-quality growth stocks that can generate exceptional long-term returns for shareholders and are worth considering now.
1. Nvidia
Once known primarily for its gaming GPUs , Nvidia ( NVDA -0.24% ) is now increasingly seen as a key driver of the modern artificial intelligence (AI) economy. The company's full-stack platform, which includes GPUs, CPUs, networking hardware, and propr