Could This High-Flying Artificial Intelligence Stock Be the Next Nvidia?
Nvidia (NASDAQ: NVDA) is one of the most valuable companies in the world, with a market cap north of $3 trillion. It's a big name in artificial intelligence (AI) due to its high-powered chips, which are used in developing AI models and chatbots. They have proven to be essential for tech companies looking to capitalize on the latest AI trends and who don't want to fall behind their rivals.For investors, however, buying Nvidia may not seem as alluring anymore, given its high valuation. A more tantalizing option is to look at what may be the next Nvidia stock, which can have the potential to deliver significant returns.One stock that has been scorching hot this year and that may be able to benefit from the AI hype is a company that Nvidia has also invested in: CoreWeave (NASDAQ: CRWV).Continue reading
Nvidia (NASDAQ: NVDA) is one of the most valuable companies in the world, with a market cap north of $3 trillion. It's a big name in artificial intelligence (AI) due to its high-powered chips, which are used in developing AI models and chatbots. They have proven to be essential for tech companies looking to capitalize on the latest AI trends and who don't want to fall behind their rivals.
For investors, however, buying Nvidia may not seem as alluring anymore, given its high valuation. A more tantalizing option is to look at what may be the next Nvidia stock, which can have the potential to deliver significant returns.
One stock that has been scorching hot this year and that may be able to benefit from the AI hype is a company that Nvidia has also invested in: CoreWeave (NASDAQ: CRWV).
