The artificial intelligence (AI) boom is far from over.

The most recent quarterly earnings results from AI chip leader Nvidia (NASDAQ: NVDA) are a testament to that. The chipmaker not only exceeded already astronomical revenue and earnings expectations, but its guidance beat Wall Street analysts' best guess, too.

But the competition is coming for Nvidia -- not only from other chipmakers but from some of its biggest customers. All the big tech companies buying Nvidia chips are also developing their own chip designs for AI. That makes an investment in Nvidia, especially at its current price, riskier than average.

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Source Fool.com