Nvidia Soars to Top on AI Chip Boom, But Analysts Say Look Elsewhere
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Nvidia is the leading player in AI chips (GPUs), commanding 90% market share, with explosive recent growth to become world's 3rd most valuable company
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Nvidia's GPU sales and profits have skyrocketed recently thanks to surging demand for AI, growing over 100% last year
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Nvidia's margins are incredibly high for a hardware company (49% net income margin) due to huge demand for its top AI chips
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Nvidia is growing much faster than Apple and Microsoft currently, and could overtake them in market cap within 5 years if AI demand keeps surging
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Motley Fool analyst team believes Nvidia isn't one of the 10 best stocks to buy now despite its recent performance, instead recommending 10 other stocks