FactSet tracks 64 analyst ratings on the chip designer's stock. And 51 of them rate Nvidia a buy in that system -- the highest available grade, equivalent to a strong buy on most rating platforms. Nine more call Nvidia an overweight opportunity, and the last four have settled for a hold. None of the 64 financial firms are going below that level.

Nvidia stock fell Tuesday despite signs of strong demand for its next-generation chips coming from its supply chain in Asia.Nvidia shares were down 1% at $115.59. The stock closed down 2% on Monday.Nvidia’s ability to continue its rally has been under question after the company issued underwhelming sales guidance last month.

As a result, Broadcom and Nvidia are positioned to benefit for years as the AI industry expands from 2023's global market size of $136 billion to an estimated $827 billion by 2030. This is one reason owning shares in both is a great way to invest in the secular trend of AI.

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It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.

Nvidia has been the king of the first wave of artificial intelligence (AI) investing. Its graphics processing units (GPUs) are being purchased by the truckload by the biggest cloud computing and AI modeling companies.