ServiceNow Presents More Compelling AI Investment Opportunity Than Nvidia Despite Chipmaker's Innovations
• Artificial intelligence (AI) is driving a major economic transformation, presenting a big investment opportunity over the next decade • Nvidia's graphics chips power advanced AI systems, but its stock looks expensive at current valuations • ServiceNow helps businesses digitize workflows and automate processes with AI; it has strong growth and reasonable valuation • ServiceNow has tailwinds from digital transformation and new generative AI capabilities • While Nvidia is an innovator, ServiceNow is a more compelling AI investment given growth prospects and valuation