Nvidia has established itself as a leader in the AI chip market with its powerful GPUs, significantly impacting various AI models' development, including ChatGPT. This dominance has resulted in a surge in Nvidia’s stock price, showcasing the lucrative potential of the AI industry. Notably, Meta Platforms is leveraging AI advancements to enhance its performance in digital advertising, which has reportedly led to a substantial increase in returns for advertisers, making it a compelling investment opportunity alongside Nvidia.
Nvidia's AI-fueled growth has powered a massive surge in its stock price over the past three years, commanding a significant market lead in AI chips.
Meta Platforms is using AI to enhance its digital advertising business, achieving a 22% improvement in returns on ad spending for advertisers.
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