Nvidia (NASDAQ: NVDA) is one of the market's most talked-about stocks. The chipmaker's shares soared 1,220% over the past five years as it evolved from a maker of gaming graphics processing units (GPUs) into the gatekeeper of the booming artificial intelligence (AI) market.

Nvidia achieved that evolution by developing high-end GPUs for accelerating AI tasks at data centers. Unlike central processing units (CPUs), which process one piece of data at a time, GPUs can process a broad range of data points simultaneously. That's why the top generative AI platforms -- including OpenAI's ChatGPT and DALL-E -- are currently powered by Nvidia's GPUs.

Nvidia CEO Jensen Huang. Image source: Nvidia.

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Source Fool.com