By Zacks Equity Research
Publication Date: 2026-05-22 13:16:00
For Immediate Release
Chicago, IL – May 22, 2026 – Today, Zacks Investment Ideas feature highlights Nvidia NVDA, Innodata INOD, Credo Technology Group CRDO and Qualcomm QCOM.
Has NVIDIA Become Too Big? 3 Alternative AI Stocks
Once again, Nvidia delivered a record quarterly earnings report, with profits growing 140% year over year and revenue rising 85%, both ahead of analyst expectations. One particularly interesting development was the introduction of a new reporting segment: Edge. In classic Jensen Huang fashion, Nvidia appears to already be positioning for the next evolution of AI, recognizing that the long-term opportunity extends beyond massive data centers and into AI running directly on personal devices and at the network edge.
Nvidia stock has been on an extraordinary run, climbing roughly 1,500% since bottoming in late 2022. Yet despite that incredible performance, shares have actually lagged parts of the semiconductor industry over the last year and year-to-date, highlighting the reality that sustaining exceptional gains becomes increasingly difficult as companies reach enormous scale. Even Nvidia’s newly authorized $80 billion share repurchase program, an eye-popping figure in absolute terms, represents only a modest percentage of its roughly $5.5 trillion market capitalization.
That does not diminish Nvidia’s investment case. The company remains one of the highest-quality businesses in the market and continues to warrant a core…
