Nvidia (NASDAQ: NVDA) has been one of the top ways to play the artificial intelligence (AI) boom, as customers line up to buy its powerful graphics cards so that they don't miss out on the fast-growing adoption of this technology that's expected to give the global economy a huge boost.

According to PwC, AI could add a whopping $15.7 trillion to global GDP (gross domestic product) by 2030. Nvidia will play a central role in driving this AI-related economic growth thanks to its graphics processing units (GPUs), which play a major role in training large language models (LLMs) and developing AI applications.

All this explains why Nvidia has been growing at a breathtaking pace, leading to an impressive surge in its stock price.

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Source Fool.com