Nvidia (NVDA) has been one of the best artificial intelligence (AI) stocks to own since the AI arms race kicked off in 2023. Its technology has powered most of the AI we experience today, and that's unlikely to change much in the future.
However, many investors are worried that there could be an AI bubble forming or that Nvidia has already run up too much to continue increasing.
I think both of those notions are false, and I've got four reasons to believe Nvidia is still a top artificial intelligence stock pick today.
U.S. President Donald Trump said on Sunday the United States doesn't give Nvidia's NVDA.O advanced AI chip, known as the Blackwell, "to other people," adding that he meets with Nvidia CEO Jensen Huang regularly.
"The new Blackwell that just came out, it's 10 years ahead of every other chip," Trump told reporters, adding, "But no, we don't give that chip to other people."
The comments, in response to reporters' questions aboard Air Force One, suggest the Trump administration may not be poised to freely allow shipments of the prized chip overseas.
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