Is Nvidia the Greatest Artificial Intelligence (AI) Stock?
Artificial intelligence (AI) has probably been the hottest investment theme on the planet over the past year. Companies involved in this high-growth area have seen their share prices climb in the triple digits and have fueled gains in the three major benchmarks -- the S 500, the Dow Jones Industrial Average, and the .
Investors have piled into AI stocks because of the technology's potential to streamline processes and develop game-changing new products and services. Today's $200 billion AI market is forecast to reach more than $1 trillion by the end of the decade, offering significant growth opportunities for companies involved -- and investors who get in on these growth stories early.
And one particular growth story that's attracted a lot of attention is Nvidia (NASDAQ: NVDA), a stock that's soared 1,900% over the past five years. The company has gone from primarily serving the video gaming market with its chips to dominating the AI chip market -- and revenue has exploded higher, climbing in the double or triple digits quarter after quarter. But is Nvidia really the greatest AI stock around? Let's find out.
Source Fool.com
