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Nvidia (NVDA) is among the hottest stocks on the planet. Valued at a market capitalization of over $3.5 trillion, the semiconductor giant is also one of the largest companies in the world and is at the epicenter of the artificial intelligence (AI) megatrend.
While several companies are eyeing the highly disruptive market, Nvidia has been quietly building its AI empire since 1999. Remember when the company’s GPUs or graphics processing units were just for gaming? Well, the Big Tech giant has transformed these chips, which now form the backbone of AI, and this innovation is paying off spectacularly.
