We recently created a list of 9 Trending AI Stocks on Current News and Ratings. In this section, we’ll look at how NVIDIA Corporation (NASDAQ:NVDA) stacks up against other AI stocks.
xAI founder Elon Musk has raised billions in funding for his AI startup in the past few months. The latest news from the eccentric billionaire shows that he is planning to open an AI-powered game studio through xAI that will compete with the game studios that are owned by big companies. He said this in a post on the social network platform X. The first has increased in importance in the last few years. The Grok maker recently raised $500 million in new funding, bringing the company’s initial valuation to $50 million, according to a Wall Street Journal report.
Read more about these events and find out 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.
Just like xAI, other AI startups are turning heads in the business world. For example, technology news platform TechCrunch reports that Pathway, an AI startup, recently raised $10 million in a Seed round to build live AI systems that, the company says, think and learn in real-time like humans do. According to the report, the Pathway offering includes what it calls infrastructure that powers live AI systems, feeding on structured and unstructured data, meaning that business AI platforms can make decisions based on up-to-date information. Customers so far include NATO and the French post office, the report adds.
READ ALSO: 30 The Most Valuable AI Stocks According to BlackRock and Beyond Tech Giants: 35 Non-Tech AI Opportunities.
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why do we like the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by following the best pictures of the best quality hedge funds. Our quarterly newsletter strategy selects 14 small-cap and large-cap stocks each quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more here)
A close up of a high quality graphics card being attached to a gaming computer.
Number of Hedge Fund Holders: 193
NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. The latest reports, published by the tech news platform TechRadar, argue that the chipmaker will show the RTX 5090 cards at the CES 2025 show in January. According to the report, the AI-capable RTX 5090 cards may be a GPU aimed at professionals, rather than PC gamers, to justify the price hike. The RTX 5090 is said to have a 22.2% increase in performance over the RTX 4090, which translates to better performance but a higher price.