Prediction: This Artificial Intelligence (AI) Stock Could Be the Next Nvidia -- and It's Not What You Think

Since OpenAI released ChatGPT to the world on Nov. 30, 2022, shares of semiconductor powerhouse Nvidia (NASDAQ: NVDA) have risen by 818% (as of June 26). To put that another way, over the last two and a half years, Nvidia's market capitalization went from $345 billion to $3.8 trillion. making it the largest company in the world as measured by market cap.Some investors are already thinking about who the next breakout candidate in the artificial intelligence (AI) revolution will be, with signs pointing to another chip stock -- perhaps Advanced Micro Devices? What about Broadcom or Taiwan Semiconductor Manufacturing? While each of these companies stands to benefit from rising AI infrastructure spend over the next several years, I see another business that is better positioned as "the next Nvidia."You see, Meta Platforms (NASDAQ: META) has been investing in AI over the last couple of years, and the technologies it's developing could transform Meta's social media empire and position the stock for superior gains over the competition.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool