Warren Buffett Has $159 Billion Invested in These 8 Artificial Intelligence (AI) Stocks
Warren Buffett said in an interview with CNBC in April 2023 that artificial intelligence (AI) was "extraordinary." However, Buffett quickly added that he didn't "know if it's beneficial."
Whatever the multibillionaire's opinion of AI is, he has already benefited financially from the technology. Buffett has invested $159 billion in these eight AI stocks -- and most of them have been big winners over the last 12 months.
Amazon
Berkshire owns $1.8 billion in Amazon (NASDAQ: AMZN) stock. Although Buffett didn't make the original decision to buy the e-commerce and cloud services leader, he's expressed regret for not buying the stock earlier.
Amazon has long been a pioneer in AI, reaping substantial efficiency gains from the technology. The ongoing surge in the adoption of generative AI should provide a big tailwind for its Amazon Web Services cloud platfo
Apple
Apple (NASDAQ: AAPL) is by far the biggest AI holding for Buffett. Berkshire Hathaway's stake in the tech giant is worth roughly $156.9 billion. The stock hasn't performed especially well over the last 12 months, though, due to sluggish sales growth.rm.
Microsoft
Is Microsoft (NASDAQ: MSFT) a Buffett AI stock? Although you won't find it listed in Berkshire's regulatory filings, the answer is a resounding "yes." Berkshire subsidiary New England Asset Management (NEAM) has a stake in Microsoft worth $11.6 million.
