"Nvidia has soared thanks to its dominant position in the artificial intelligence (AI) chip market. Over the past decade, Nvidia stock has soared by proportions that may have seemed unimaginable. The stock has advanced a mind-boggling 29,000%. That happened as the company got in on the artificial intelligence (AI) story in its earliest days, allowing it to tailor its chips to suit AI needs and take considerable market share."
"An Nvidia customer This company, like its AI infrastructure rivals, is a customer of Nvidia, offering the chip designer's top performing graphics processing units (GPUs) as part of its selection of AI offerings. I'm talking about Alphabet , a company you might more easily associate with Internet search thanks to its Google Search business than with AI -- that's why I consider it an "underrated" AI stock."
"Year after year, Google Search has maintained more than 90% market share, and you may rely on the Google platform daily as soon as you sit down at your computer or turn on your phone. So, it's no surprise that Google, through advertising across the platform, generates most of the company's revenue -- in the latest quarter, Google advertising brought in $71 billion, which represents more than 70% of total sales."
"And this business is likely to continue growing as Alphabet uses AI to improve search results as well as the effectiveness of advertisers' ads. This should keep both search users and advertisers loyal -- and may even lead to increases in ad spending. But where Alphabet may see tremendous growth in the coming years is in its Google Cloud business, an area where its AI strengths can shine. The company has already developed its own large language model (LLM), Gemini, which not o"
Nvidia captured massive gains by focusing early on AI and designing GPUs tailored to AI workloads, driving an approximate 29,000% stock advance over the past decade. Nvidia remains the leading AI chip designer and will likely continue benefiting from expanding AI demand. Alphabet operates as a major Nvidia customer while leveraging AI to strengthen Google Search and advertising, which account for the bulk of revenue. Alphabet generates substantial ad revenue—$71 billion in the latest quarter—and holds over 90% search market share. Alphabet’s Google Cloud and its LLM, Gemini, present major growth opportunities driven by AI infrastructure demand.
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