Since the start of the artificial intelligence (AI) boom, investors have asked one question with each new year: Can Nvidia (NVDA 0.65%), the world’s AI chip leader, deliver yet another year of outstanding stock market performance? The company has seen its stock soar over the past three consecutive years, in total advancing more than 1,100%.
The reason for this is clear: Nvidia has established itself as a key player in a market marching toward trillions of dollars in value. Analysts expect the AI market to reach about $2 trillion by early next decade. Nvidia is well-positioned to benefit as it sells the AI chips that the biggest tech companies have been flocking to — and Nvidia prioritizes…
