Key Points The artificial intelligence market is booming, despite calls for a slowdown in frontier model development. Virtually all hardware stocks related to AI are seeing super-strong growth. However, one key technology transition offers even better compound growth. 10 stocks we like better than Lumentum › The artificial intelligence revolution was ignited thanks to the innovations Nvidia (NASDAQ: NVDA) brought to market. Not only did Nvidia CEO Jensen Huang design sophisticated graphics processing units capable of massive parallel processing, but Nvidia's CUDA software also enabled those GPUs to process huge amounts of data, enabling generative AI as we know it today.
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