Nvidia's Partnership With OpenAI Could Become the Biggest Profit Engine in AI History

The artificial intelligence (AI) revolution already has been a boon to Nvidia (NASDAQ: NVDA), supercharging the company's revenue growth and stock performance. Thanks to Nvidia's dominance in the AI chip market, it's seen sales climb in the double and triple digits -- and last year delivered a record level of revenue at more than $130 billion. As for the stock, it's gained more than 1,300% over the past five years.And as this growth story has unfolded, Nvidia expanded into a variety of related AI products and services, from enterprise software to networking, cementing its position as the "go to" place for AI. Still, the company faces rivals in the market, from other chip designers and even from customers that have started making some of their own chips. That's prompted some investors to wonder whether Nvidia will be able to ensure its position over time and keep its pricing power -- its chips are the most powerful on the market and also the most costly.But Nvidia, in this one recent move, has shown its strength as the central player in the AI market. The company aims to invest as much as $100 billion in Open AI amid a buildout of the lab's data centers. This partnership could become the biggest profit engine in AI history -- and secure Nvidia's AI empire. Let's check it out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool