Key Points Nvidia has been a surefire AI winner in recent years, soaring 1,400%, thanks to demand for its products.Two other AI players also offer promising futures in this high-growth field. These 10 stocks could mint the next wave of millionaires › Nvidia (NASDAQ: NVDA) has been a no-brainer buy for investors over the past couple of years.

NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.

Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently.

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.

CEO Jensen Huang stated that AI-driven productivity gains could lead to widespread job losses if industries fail to innovate.

Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as the startup looks to challenge the dominance of market leader Alphabet's Google Chrome.

Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

Indosat Ooredoo Hutchison and Nvidia plan to roll out AI-RAN technologies, which combine AI and wireless networks.

Nvidia plans to release a chip that is retrofitted from an existing Blackwell processor that was modified to meet chip export rules.

Key Takeaways Advanced Micro Devices (AMD) stock jumped Thursday after analysts suggested the company’s latest AI chips are comparable to Nvidia's (NVDA) offerings .The stock broke out from a flag pattern in Thursday’s trading session on the highest volume in a little over a week,