1 Artificial Intelligence (AI) Stock With Generational Wealth Potential | The Motley Fool

Artificial intelligence (AI) technology has taken the stock market by storm in recent years, driving solid growth for several companies involved in its development and distribution.

Not surprisingly, many AI stocks have created significant wealth for investors in recent years. From Nvidia (NVDA 1.50%) to Palantir Technologies, Broadcom, or Micron Technology, AI has minted multiple high-flying stocks. The good news is that AI adoption is poised to take off in the long run. A third-party estimate pegs the size of the AI market at a whopping $5.3 trillion in 2035, up from $274 billion in 2023.

As a result, it won’t be surprising to see AI generate generational wealth for investors in the long run, helping them build enough capital to pass down to their descendants. That’s why we are going to take a closer look at Nvidia, a tech giant with the potential to create generational wealth.

AI could make Nvidia a much bigger company than it is right now

Nvidia is one of the biggest names in AI right now. Its chips have played a critical role in training AI models and in inference applications. The outstanding demand for its chips has made Nvidia the world’s largest company by market cap. But what’s worth noting is that Nvidia still has room to grow despite reaching a $4.4 trillion market cap.

Today’s Change

(-1.50%) $-2.68

Current Price

$175.88

Key Data Points

Market Cap

$4.3T

Day’s Range

$175.00 – $178.26

52wk Range

$86.62 – $212.19

Volume

88M

Avg Vol

173M

Gross…