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AI prospectsThe Motley Fool
•Technology
Technology
78% Informative
ASML Holding (NASDAQ: ASML) and Twilio (NYSE: TWLO) both got a nice boost thanks to their AI prospects, but their stock prices are seeing some short-term pressure.
Don't be surprised to see these AI stocks make a sharp move higher and go parabolic.
ASML manufactures and supplies chipmaking equipment to the leading foundries and chipmakers across the globe, and it plays a central role in the proliferation of AI .
Twilio reported 7% revenue growth in 2024 to $4.5 billion , but its top line jumped at a more impressive pace of 11% in the final quarter of the year .
Analysts expect a 19% increase in earnings this year , followed by healthy growth in the next two years as well.
The adoption of AI in the contact center market still in its early phases, the company has a huge growth opportunity ahead of itself, considering that it has a strong active customer base of 325,000 .
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