Should You Forget Nvidia and Buy These 2 Artificial Intelligence (AI) Stocks Instead?

Up by about 26,000% over the past decade (as of this writing), Nvidia (NASDAQ: NVDA) has been a monster stock for investors. Its market capitalization has grown to about $3.5 trillion, making it one of the two most valuable companies in the world, neck-and-neck with Microsoft.The stock's performance, meanwhile, has been well justified. The company's sales and earnings have grown explosively over that decade -- and particularly in the past few years as its graphics processing units (GPUs) have become the backbone of the artificial intelligence (AI) infrastructure build-out. The company's ongoing spectacular growth could be seen in its fiscal Q1 results: The $39.1 billion in data center revenue it booked was more than 9 times the $4.3 billion in data center revenue it generated in its Q1 just two years prior. Make no mistake, Nvidia remains one of the best-positioned companies to continue to benefit from the ongoing AI boom. However, the company is now massive, and as the base used to measure its growth gets bigger, the percentage gains are likely to get smaller because comparisons will get tougher. Investors shouldn't be surprised if percentage growth rates decline.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool