The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product.

One key point about Nvidia that sets it apart from other AI investments is that it's making piles of money from all of the AI investments from big tech companies. Hans Mosesmann from Rosenblatt Securities has a Street-high price target of $220 per share on Nvidia.

AT&T (T) dropped its fourth-quarter earnings on Jan. 27, propelling its stock to new 52-week highs. Shares climbed 6.25% in the day’s trading session after the company exceeded Wall Street expectations and announced plans for substantial investments in artificial intelligence (AI).

Nvidia (NASDAQ: NVDA) benefited enormously from the increased investment in chips for artificial intelligence (AI), but news out of China is causing investors to wonder if the stock's high valuation is worth it ahead of potential risks to the massive investment big tech companies have put into data center infrastructure.

Artificial intelligence (AI) is a massive and expansive umbrella encompassing many different technologies. You are probably familiar with generative AI, like ChatGPT, Perplexity, and Alphabet's Google Gemini (NASDAQ: GOOGL).