10 Best AI Data Center Stocks

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5. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 179 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. The company has emerged as the most important AI data center stock in the past few months. This is because it has managed to become the biggest provider of data center hardware, like chips and GPUs, to hyperscale customers. The GPU and chips of the firm derive their competitive advantage on power and efficiency. In addition to these, the company has also started focusing on AI software needed to maximize the potential of these chips. Back in 2022, NVIDIA CFO Collete Kress had claimed that the subscription-based GPU model of the firm, which packages AI hardware and software, would drive $1 trillion in revenue for the company.

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