Nvidia Dominates AI Market

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The Motley Fool

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Technology

Nvidia Has Been the Undisputed King of the Artificial Intelligence (AI) Revolution. Has the Chipmaker Finally Met Its Match?

Summary

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77% Informative

Nvidia has been the principal beneficiary of recent advances in artificial intelligence ( AI ) Chipmaker has parlayed that dominance into five consecutive quarters of triple-digit year-over-year sales and profit growth.

The challenger Cerebras Systems is an AI company founded in 2016 .

The company believes that " AI is the most transformative technology of our generation".

Nvidia currently sells for roughly 34 times next year's sales.

Cerebras has made a number of claims that still need to be put to the test.

The company will need to clear a great many hurdles before it represents a significant challenge to Nvidia .

Until then, Nvidia remains the king of the AI revolution .

If you invested $ 1,000 at the time of our recommendation, you’d have $ 813,567 !.

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