The demand for artificial intelligence (AI) is driving the bull market, and AI-related spending is expected to rapidly increase in the coming years. Three companies that offer attractive opportunities for investing in AI stocks are Taiwan Semiconductor Manufacturing, Snowflake, and UiPath. Taiwan Semiconductor Manufacturing is the leading chip manufacturer globally, benefiting from the growing demand for AI chips. Despite geopolitical risks, the stock is currently priced attractively, and its advanced technology capabilities make it likely to continue receiving business in the AI chip market. Snowflake plays a crucial role in AI development by providing a platform for enterprises to aggregate data for AI applications.

Although its revenue growth has slowed, the stock is now priced at an attractive level, with the expectation of strong revenue growth fueled by AI in the future. UiPath is the market leader in robotic process automation software and is integrating AI capabilities into its tools. Despite disappointing first-quarter results and a sell-off, its long-term outlook remains promising, considering the growing global market for RPA and the opportunities AI presents. The stock is currently undervalued and offers potential for double-digit revenue growth. Investing in these companies provides opportunities to benefit from the increasing demand for AI and its related technologies.