According to the Securities Times APP, without a doubt, Wall Street has many questions about the opportunities in the field of artificial intelligence. However, technology giants like Microsoft (MSFT.US) and Google parent company Alphabet (GOOG.US, GOOGL.US) will not stop investing billions of dollars in technologies like chatbots. Analysts point out that it is proven that holding stocks of these technology giants is still the right investment strategy.

Last week, the market had a tepid reaction to NVIDIA (NVDA.US)'s financial performance. Despite profit growth, the stock price has failed to surpass previous levels after the financial report release, as the profit margin of the new Blackwell AI platform was slightly lower than market expectations. This may reflect the price pressure from emerging competitors in the artificial intelligence field, such as Advanced Micro Devices (AMD.US).

Moreover, some are concerned about the hefty investments made by tech giants like Microsoft, Alphabet, Amazon (AMZN.US), Meta Platforms (META.US), and others in generative artificial intelligence. The current return on these investments still appears inadequate.

Some companies, like Adobe (ADBE.US), are working towards profitability through their AI-driven products. However, from the current financial reports, the direct impact of this AI revenue is not yet evident.

Nevertheless, the spending of large tech companies in the field of AI remains unstoppable. Despite a potential slowdown in growth rate, the scale of investment is continuously expanding. According to FactSet data, it is projected that by 2027, the capital investment of Alphabet, Microsoft, Meta, and Amazon will grow annually by a two-digit percentage, reaching an almost 300 billion USD total.

The reason these companies are investing in AI is simple: there is strong demand for AI technology from enterprise customers worldwide. According to Evercore analysts' data, currently about 10% of large enterprises have to some extent adopted AI technology, a significant increase from less than 5% earlier this year. They predict this proportion will reach 25% by the end of next year.

As a result, the demand for ai chips is outstripping supply, with nvidia leading the way in this field. For example, its third-quarter datacenter chip sales more than doubled, reaching a record $30.8 billion.

Clearly, there is a bright future for large software providers and chip manufacturers. Analysts predict that the sales of the 'Big Seven,' including nvidia, microsoft, amazon, meta platforms, alphabet, apple (AAPL.US), and tesla (TSLA.US), will grow by double-digit percentages in the coming years.

For these companies, this means increasing profit margins and rapid profit growth. For instance, nvidia can improve its profit margin through the large scale of chip sales, while the growth rate of sales far outpaces the growth of operating costs. For companies like meta platforms, their sales growth comes from advertising clients willing to pay a high price for premium ad placements on Instagram and Facebook. In the next few years, Meta's sales growth is expected to surpass expenditure growth, driving profit growth faster than revenue growth.

Analysts point out that there is still room for the stock prices of the 'Big Seven' to rise. Despite their gains this year being more than double that of the S&P 500 index, according to Evercore's data, these companies' expected PE ratios are currently around 27 times, a decrease from over 30 times at the beginning of the year, and within the median range since 2016, providing further buying opportunities for investors.