12.07.2024 11:50:00

These Nvidia-Backed Artificial Intelligence (AI) Stocks Could Soar 73% to 89% Higher, According to Wall Street

If artificial intelligence (AI) is the new gold rush, Nvidia (NASDAQ: NVDA) is the preeminent supplier of picks and shovels. The strong demand for Nvidia's graphics processing units (GPUs) is mind-boggling.But Nvidia isn't just helping major corporations build and deploy AI models. It has also invested in several potential rising stars of the AI world. These Nvidia-backed stocks could soar 73% to 89% higher, according to Wall Street.Nvidia owns only a tiny stake in Nano-X Imaging (NASDAQ: NNOX) worth around $583,000 at the end of the first quarter of 2024. However, Wall Street has great expectations for this small medical technology company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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