Forget Nvidia: Billionaire Daniel Loeb Owns $2.2 Billion Worth of These 3 Brilliant Artificial Intelligence (AI) Stocks Instead

There's no getting around it: The oncoming storm of artificial intelligence (AI) is only just beginning, and the flag-bearer for this shifting paradigm is Nvidia (NASDAQ: NVDA). The company has become virtually unforgettable as a key player in the AI revolution thanks to its gold-standard graphics processing units (GPUs), which provide the computational horsepower that underpins AI.If you have any doubts, consider this: For the company's fiscal 2025 first quarter (ended April 28), record revenue of $26 billion soared 262% year over year, while its diluted earnings per share (EPS) of $5.98 surged 629%.Yet, as the AI revolution gains steam, some investors are questioning Nvidia's staying power, concerned with the onset of competition and a rich valuation. As a result, some investors have already moved on from the chipmaker in search of the "next big thing" in AI. Perusing the holdings of a highly successful hedge fund manager might provide food for thought.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool