Could This Monster Nvidia-Backed Artificial Intelligence (AI) Data Center Stock Be the Best Bargain in the Market Right Now?

Since OpenAI commercially launched ChatGPT on Nov. 30, 2022, shares of semiconductor company Nvidia have soared by more than 900%. As of closing bell on July 16, Nvidia boasted a market capitalization of $4.2 trillion -- making it the most valuable company in the world.While these trends suggest Nvidia is perhaps the most dominant force in the artificial intelligence (AI) landscape, the company has a number of strategic relationships that have helped contribute to its growth.Let's explore some of the companies Nvidia has partnered with and analyze why these relationships are important. From there, I'll detail one particular Nvidia-backed data center stock that I think growth investors should keep an eye on right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool