Prediction: 2 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Nvidia by 2030

Despite the fanfare, the artificial intelligence (AI) revolution has just begun. With the AI market valued at $189 billion in 2023, the United Nations believes it will become a $4.8 trillion market by 2033. Companies like Nvidia have already taken advantage of this growth, soaring to multitrillion-dollar market caps. But the two AI businesses below trade at just fractions of that value. Over time, however, we could see one of these stocks surpass Nvidia's market cap, leading to huge gains for patient shareholders.Right now, most estimates believe that Nvidia commands somewhere between 70% and 95% of the AI graphics processing unit (GPU) market. GPUs, or graphics processing units, are critical components necessary for training and executing AI models, as well as facilitating many other machine learning tasks. Without GPUs, the AI revolution would not be taking off at nearly the same size or scale. And right now, Nvidia dominates AI-specific GPU sales.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool