Nvidia’s Strategic AI Vision Nvidia (NASDAQ:NVDA) has solidified its position as the backbone of the artificial intelligence (AI) revolution, with its graphics processing units (GPUs) driving the most advanced AI models and positioning it as a top choice for investors eyeing the industry’s growth.

Nvidia just became the first company to reach a $4 trillion market cap. Analysts project Nvidia to grow earnings per share at high rates for several more years. It's difficult to find any companies that have benefited from the growth of artificial intelligence (AI) like Nvidia (NASDAQ: NVDA).

Key Points D-Wave Quantum and Nvidia are building technology to drive the advancement of artificial intelligence.D-Wave's quantum computing solutions catapulted Q1 revenue to $15 million, an incredible 509% year-over-year increase.

Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.

The Dow Jones index Wednesday trimmed gains that arrived after bank earnings and tame wholesale inflation data. ASML stock plunged on this warning.

Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.

Advanced Micro Devices, Inc. & Nvidia Corporation's are well-positioned to ride an upgraded growth outlook. Click to read more on why I prefer NVDA stock over AMD.