From Nasdaq:

Artificial intelligence is a hot technology that has the potential to change the world in numerous ways, from improving car safety to getting drugs to market faster. The $2 trillion AI market is expanding rapidly, with companies like Nvidia and Amazon leading the way with their use of the technology. Both companies have seen significant stock growth recently, and despite their high valuations, their AI investments are set to pay off.

Nvidia is a leader in AI chip performance, claiming more than 80% of the market thanks to their advanced research and development. Strong customer loyalty to Nvidia and the company’s ability to outspend competitors on R&D will keep them at the top of the AI chip industry.

Amazon has made significant investments in AI across all layers of its business, from e-commerce to AWS. Its use of AI technology has helped the company streamline operations and user experience, reducing costs and boosting earnings.

Between Nvidia and Amazon, Nvidia is set to become the biggest winner in AI. Its dominance in AI training through deep learning, technological advantage over rivals, and financial situation make it a top AI stock to buy right now. While it trades at a premium to Amazon, it’s worth the cost.

So, Nvidia makes the better AI buy, as it will continue to drive successful innovations and maintain its leadership in the AI industry. The company’s strong R&D investments point to growth and earnings potential in the future.



Read more: Better AI Buy: Nvidia vs Amazon