Nvidia stock will soar 19% on artificial intelligence, ChatGPT head start

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Nvidia stock will soar 19% on artificial intelligence, ChatGPT head start
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Nvidia will soar 18.5% as the market's top semiconductor stock because their chips work most seamlessly with AI and they already have a head start, Credit Suisse says

is the top investment choice among US semiconductor companies, according to a Credit Suisse report.

In fact, Nvidia's GPUs control 95%-100% of the market for computer training, and no challengers to this lead have ramped up yet, according to the report. Moreover, Nvidia's software will be its"competitive moat" in AI that keeps other companies at bay, Credit Suisse said.

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