Nvidia Faces AI Chip Competition While JD.com, SentinelOne and Baidu Offer More Upside
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Nvidia is a leading AI stock, but faces growing competition from big tech customers developing their own AI chips. This could limit future growth.
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Three other AI stocks - JD.com, SentinelOne, and Baidu - have larger upside potential than Nvidia over the next 12-24 months based on analysts' price targets.
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JD.com is using AI to boost innovation and efficiency. Its core e-commerce business and cheap valuation provide additional upside.
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SentinelOne's cybersecurity platform leverages AI for threat detection. Its subscription-based model supports recurring revenue growth.
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Baidu operates China's leading search engine and AI cloud business. Its growth, dominant market share, and capital for innovation give it major upside.