Prediction: 1 Artificial Intelligence (AI) Stock Will Be Worth More Than Amazon and Palantir Combined by 2030 (Hint: It's Not Nvidia)

Over the past three years, Nvidia has evolved from a niche chip designer into the most valuable company in the world, propelled by the unprecedented boom in artificial intelligence (AI).Its graphics processing units (GPUs), once used largely to improve the rendering of visuals in video games, now provide key computing power in applications ranging from data center training clusters to humanoid robotics to autonomous vehicles. With demand for its chips still far exceeding supply, Nvidia's dominance in the AI chip space shows little sign of slowing.Yet, the next five years could usher in a new wave of AI computing infrastructure leaders. I predict that one company in particular -- Broadcom (NASDAQ: AVGO) -- could surpass the combined market value of Amazon (NASDAQ: AMZN) and Palantir Technologies (NASDAQ: PLTR) by 2030, fueled by surging demand for the networking, connectivity, and custom silicon that help underpin the AI revolution.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool