Nvidia continues to see strong demand for its advanced chips, with a projected 14% sequential growth for fiscal Q4. The company has a significant backlog of orders, and its revenue is expected to reach around $65 billion for the upcoming quarter, representing a 14% increase from the previous quarter and 65% growth year over year.

With a 67% year-over-year increase in earnings per share, Nvidia is positioned as a top stock for AI investment. Its stock trades at a modest 24.5 times next year’s earnings estimate, making it a compelling choice compared to the S&P 500. Analysts expect Nvidia’s revenue to grow by 48% next year, reaching approximately $316 billion.

Nvidia’s leadership in AI is evident through its continued quarterly results, solidifying its position in the market. While facing competition, the company’s revenue is expected to reach $260 billion annually, with top customers already committed to purchasing next-generation Rubin chips. The stock is seen as one of the best options for investors looking to ride the AI boom into 2026.

Read more at Nasdaq: 1 Artificial Intelligence (AI) Stock That Should Be on Every Investor’s Holiday List