Prediction: This 1 Artificial Intelligence Development Will Be a Once-in-a-Generation Opportunity for Nvidia

Nvidia (NASDAQ: NVDA) already has soared in the first stages of the artificial intelligence (AI) story. The company designs the most sought-after graphic processing units (GPUs), or chips that power crucial AI tasks, like the training and inferencing of models. Nvidia's GPUs take the No. 1 spot in the industry because they're the fastest around, helping customers save time and, eventually, money.Thanks to this position, Nvidia has generated double-digit and triple-digit growth in recent quarters, with revenue reaching record levels. And it's resulted in great gains for the shares -- the stock soared 171% last year after already rising 238% in 2023.After this fantastic performance, though, some investors may wonder if there's much growth potential left for Nvidia. My prediction is that Nvidia's AI success might just be getting started, and one AI development, in particular, which is taking shape right now will represent a once-in-a-generation opportunity for the tech giant.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool