At 40.2 times forward earnings, Amazon is by no means a cheap stock. This is likely the result of investors being excited about cloud computing and the effect AI will have on it. It also is a recognition that Amazon's commerce businesses could become far more profitable as it focuses on becoming more efficient.

Intel has announced a planned co-investment with Amazon Web Services in custom chip designs .The partnership reaffirms Intel's commitment toconstructingits

Few stocks are associated with artificial intelligence (AI) the way Nvidia is. The company has a dominant market share with the GPUs that power the AI industry. And if the AI market takes off as much as expected over the long term,