Analysts have identified three companies with significant growth potential amid the ongoing AI surge.
Current Situation with AI Chip Exports
Recent global restrictions on AI chip exports might strengthen investor interest in software companies. These companies are less dependent on disruptions in supply chains, making them more resilient to regulatory changes.
Prospects of Datadog, HubSpot, and ServiceNow
Analysts highlight three companies — Datadog, HubSpot, and ServiceNow — as highly promising for investments. Each leverages AI to enhance their services and expand their market share.
Financial Performance and Forecasts
Datadog has seen notable stock and revenue growth, expecting further gains. HubSpot completed the acquisition of Frame AI to integrate new AI-based features. ServiceNow maintains a high subscription renewal rate and continues to increase its revenues.
The explosive growth in AI opens new opportunities for cloud-based companies, making them attractive to investors.
