Nvidia stock has rebounded from its slump earlier this year, hitting a record high on Friday. The company has cornered the data center GPU market and is the gold standard for AI processing.

Not a lot of stocks outperformed Nvidia (NASDAQ: NVDA) in 2023. In fact, the artificial intelligence (AI) chip superstar was the best-performing stock on the S&P 500 index.

So if you expect Nvidia to stay on its AI hardware throne throughout the mega-growth portion of this generative AI revolution, the stock could definitely be a good buy today.

This development disrupted the AI landscape and led to a significant yet short-lived sell-off in Nvidia stock (NASDAQ:NVDA). At one point on January 27th, Nvidia stock saw a decline of as much as ...

Stock investors are anxiously anticipating Nvidia's (NVDA) second-quarter earnings report on Wednesday. All eyes are on this tech giant that has become synonymous with the AI revolution.

But is Nvidia really the greatest AI stock around? Let's find out. Image source: Getty Images. How AI is transforming businesses So, first, let's talk a bit about AI in general.

One stock that's been the epitome of AI investing is Nvidia (NVDA 0.53%). One key point about Nvidia that sets it apart from other AI investments is that it's making piles of money from all of the ...

Nvidia shares rose 33 points in after-hours trading, or nearly 7%, to $504 a share. The company's stock is up 222% so far this year.

Nvidia stock soars: How the AI boom lifted the chipmaker's market cap Investing in AI: Biden, taking on the robot economy, announces $140 million investment in AI research CEO Jensen Huang said ...

Nvidia's solid performance and AI infrastructure investments support growth. Read why NVDA stock is attractive for long-term investors.

Key Points Nvidia stock has rebounded from its slump earlier this year, hitting a record high on Friday. The company has cornered the data center GPU market and is the gold standard for AI processing.