35 AI Superstars According to Goldman Sachs

5. NVIDIA Corporation (NASDAQ:NVDA) 

Number of Hedge Fund Holders: 179 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. William Blair analysts Sebastien Naji and Jason Ader recently released an investor note on the AI landscape, placing the chipmaker among the top picks for large cap generative artificial intelligence companies. The note detailed that the company had already seen tremendous growth for its GPU and parallel computing systems, and there was time for continued growth, driven by robust training demand from hyperscalers and enterprises, and a ramping inference opportunity. Per the analysts, Nvidia had also created a sustainable moat as its CUDA software stack was the standard interface for working with GPUs and AI, and there was room for growth in both training and inference as the new Blackwell cycle began.

NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang expects billions of dollars in revenue from Blackwell sales in the coming months. Blackwell is expected to cost between $30,000-$40,000 per unit and is in demand from major companies like Microsoft and Meta, as well as other firms building AI data centers to power products like ChatGPT and Copilot. Huang recently called Blackwell demand insane during an appearance on CNBC.