Since the beginning of 2023, Nvidia (NASDAQ: NVDA) has added a whopping $2.8 trillion to its market capitalization on the back of soaring demand for its data center chips, which are the gold standard for developing artificial intelligence (AI).

Nvidia (NASDAQ:NVDA) stock has been on a remarkable run, with its dominance in AI chipmaking playing a crucial role in its ascent to becoming

Nvidia is likely to be closely watching developments around ChatGPT-developer OpenAI after a consortium headed by Elon Musk offered almost $100 billion for the nonprofit.

After an extensive wait, artificial intelligence (AI) appears to have answered the call. Software and systems are being empowered by AI to make decisions, reason, and evolve, all without the aid of human intervention.