Artificial intelligence could be the most significant technological leap forward since the internet more than 20 years ago. But for many, it's still an ambiguous term lacking real-world specifics.

At the same time, semiconductor company Nvidia (NASDAQ: NVDA) has become one of the hottest AI stocks, nearly doubling in price since January as AI picks up momentum in the market.

Why? Nvidia is the world's leading company in discrete graphics processing units (GPUs) -- chips specializing in heavy computing workloads. AI requires immense computing power to process billions of data points, making the two a natural fit.

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Source Fool.com