Bain projects demand for graphics-processing units will climb to the equivalent of 3 million of Nvidia’s next-generation GB200 chips in 2026.

This explains why the Nasdaq-100 Technology Sector index's gain of 75% in the past two years has outpaced the 54% rise in the S&P 500 index over the same period. That's the reason why buying and holding AI stocks for the long run could turn out to be a smart move, especially as the technology is in its early phases of adoption.

Nvidia’s stock is gaining as a new report projecting big growth in the AI market offers some relief to investors worried about the pace of AI spending beyond next year.

Bain projects demand for graphics-processing units will climb to the equivalent of 3 million of Nvidia’s next-generation GB200 chips in 2026.

Nvidia (NVDA 3.96%) has been one of the hottest artificial intelligence (AI) stocks on the market. Its split-adjusted share price has increased nearly 700% since 2023. But the sto

The relentless pace of innovation in artificial intelligence and sustained demand for AI chips bodes well for Nvidia stock and its peers.

This Magnificent Seven company is making big moves. The post Prediction: This major artificial intelligence (AI) stock could compete with Nvidia in the not-too-distant future appeared first on The Motley Fool Australia.