Advanced Micro Devices could benefit from a shift in AI chip demand away from training, according to Melius Research.

Results from the world’s biggest technology companies have brought mostly good news. There’s just one missing piece: Nvidia Corp.

Elon Musk said during Tesla's Q1 earnings call that the company will double the number of Nvidia AI chips it uses by year-end.

These stocks are riskier options than Nvidia, but they also have the potential to generate better returns. Nvidia has undoubtedly been the hottest artificial intelligence (AI) stock to own over the past year and a half.

Despite the absence of specific revenue announcements, Nvidia’s influence reverberates throughout the industry, particularly evident in its pivotal role within the operations of tech giants such as Microsoft Corporation,

NVIDIA is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant’s AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients.