5 Best AI Chip Stocks to Buy for the Long Term

2. NVIDIA Corp. (NASDAQ:NVDA)

Market Capitalization:$4.84 trillion

Number of Hedge Fund Holders: 275

NVIDIA Corp. (NASDAQ:NVDA) is one of the 10 Best AI Chip Stocks to Buy for the Long Term. NVIDIA’s stock has surged 35.25% in the past year and 5.93% year-to-date. Based on 67 analyst ratings compiled by CNN, 94% have assigned the stock a Buy rating, while 4% placed a Hold rating. The stock currently has an average price target of $300, implying a 49.97% upside from the current price of $200.04.

On June 22, Nvidia launched a platform for scientific computers. In a press release, the company said the Nvidia Vera Rubin platform combines native double-precision performance, Nvidia CUDA-X libraries, and the full-stack capabilities of the Nvidia AI platform.

As it brings together the company’s accelerated computing stack, Nvidia said Vera Rubin accelerates AI, simulation, and data-intensive research, transforming each system rack into a supercomputer for scientific discovery.

In related news, the company shared that the new supercomputers at the Los Alamos National Laboratory (LANL) will use Nvidia Vera CPUs to accelerate scientific discovery, unlocking agentic AI for science. It added that the supercomputers will use the HPE Cray Supercomputing GX5000 architecture with the Nvidia Vera Rubin platform, combining Nvidia Vera CPUs, Nvidia Rubin GPUs, and Nvidia Quantum-X800 InfiniBand networking.

Meanwhile, the company launched ‘Nvidia Halos for Robotics’, which is the industry’s first full-stack, comprehensive safety system for robotics and physical AI, enabling companies to rely on a standardized, unified safety architecture that connects AI compute, system software, sensor data, safety applications, and inspection for robotic systems. It added that humanoid robotics and physical AI company Agility is the first to use Nvidia Halos for Robotics to build safety into its humanoids working in factories, warehouses, and logistics operations for its various customers.

NVIDIA Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software. Its GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide.

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