$NVIDIA Corp(NVDA)$ Nvidia is

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$NVIDIA Corp(NVDA)$ Nvidia is benefiting from an arms race among companies rushing to boost computing power to run AI workloads. The chipmaker’s revenue doubled in its last fiscal year and is projected to rise an additional 81% this year. Nvidia has done a fabulous job establishing a moat, especially with its software business. this is just the first wave of buying for AI chips and that the next spending surge will come from other industries such as drug makers, shipbuilders and carmakers, as well as governments.

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