Can AI Disrupt The 3 Tech Giants – Google, Apple, and Amazon?

Can AI Disrupt The 3 Tech Giants – Google, Apple, and Amazon?

Key Insights:

  • Tech insider Cathy Woods affirms that AI might topple some tech giants.
  • Some AI stocks and cryptos stand a chance of hitting a bull run.
  • These assets, however, need to be more reputable.

Artificial intelligence (AI) has revolutionized technology — and daily living — in numerous ways. As a result, speculations are rife that it might replace tech giants as time goes on.

ARK Invest CEO Cathie Wood shared these sentiments in an interview with Bloomberg. She name-dropped companies like Google, Amazon, and Apple, affirming that they could be toppled in the long run.

AI Might Replace Tech Giants

Wood mentioned that while ChatGPT could improve Google's products and services, it could also reduce its revenue. She had a similar opinion on Apple.

To her, Amazon was a potential casualty if any chatbot deduced how to explore the web for items' prices better than it. She said, "Many people think that even Amazon will be disrupted…if consumers use ChatGPT or other AI tools…."

She also touched on how some artificial intelligence stocks are transforming the market. Although they perform cyclically, they can herald a new chapter for crypto assets.

AI stocks that might be Bullish

With the massive price volatility of crypto, AI stocks and coins have been tipped to take centre stage in the market. Here are some of them that might rally for a bull run: Inc has had its shares surge astronomically by 140% in 2023. Its market cap is currently $3.70 billion, with a share price of $32.94. 

<em> price chart. Source: Google</em> price chart. Source: Google

The optimism that pervades the stock can be attributed to this stock can be credited to long-term prospects following NVIDIA's astronomical price surge.

NVIDIA Corporation

NVDA has increased its price by 2.54%, now trading at $389.46. Throughout the year, it has enjoyed an impressive 25% increase. 

NVDA price chart. Source: Google
NVDA price chart. Source: Google

Nvidia is a primary beneficiary of the new tech craze since it designs GPUs, APIs, and chips. Naturally, therefore, it has enjoyed heightened demand and patronage.

The almost $200 billion added to its market cap pushed it to the fifth spot amongst the biggest companies by market cap. Analysts, traders, and competitors who missed out on this would be scratching their heads in disgust. 

META Platforms

META is up by 3.70%, priced at $262.04, and has an average volume of over $25 million. Since the rebrand from Facebook, Meta has immersed itself in the new tech.

META price chart. Source: Google
META price chart. Source: Google

Although it has suffered significant losses in billions, the Meta hierarchy still provides substantial cash flow. Therefore the Meta stock can never be counted out.

With Meta at the forefront of technological advancements, the Meta stock would always be a solid asset.


AAPL  is up by 1.41% and is trading at $175.43. Beyond its already impressive market cap of $2.7 trillion, analysts opine that a new product launch would further make the stocks attractive.

AAPL price chart. Source: Google
AAPL price chart. Source: Google

It is anticipated that Apple will announce its virtual reality (VR) headsets in early June. This could further cement Apple as a leading light in tech and convince traders to buy and HODL the stock.

Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information but will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

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