Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far. - News Summed Up

Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far.


Nvidia stock has soared 165% in 2023 as investors wake up to the potential of artificial intelligence. Nvidia appears best positioned for AI growth as companies rely on its high-tech GPUs to power chatbots like ChatGPT and Bard. The stock is up 165% so far in 2023, and some analysts think there's still plenty of room for growth. "They have the entire AI silicon stack. They own over 95% of market share of the GPU market within the data center space," Zino said.


Source: Mint May 27, 2023 19:54 UTC



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