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AI will be big, but Nvidia may not be the dominant player forever.
Nvidia (NVDA 0.53%) appears to be a clear leader in the current iteration of artificial intelligence, but that may not last forever. Big tech is developing its own chips to replace Nvidia's, and that could threaten the company's growth. Travis Hoium digs into the latest news and Nvidia's high valuation in this video.
*Stock prices used were end-of-day prices of April 19, 2023. The video was published on April 19, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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