Nvidia (NVDA) kicked off the week with a significant setback, as its stock plunged over 4% on Monday. The decline follows the Trump

Doug Clinton, the CEO of Intelligent Alpha, told CNBC recently that Nvidia (NVDA) is his “top AI pick.” Intelligent Alpha uses AI to create its stock portfolio, Clinton noted. “The bottom line is that Nvidia is changing hands for 21 times its forward earnings, and the earnings (estimates) are pretty solid,” Clinton stated.

When it comes to designing semiconductor chips used to power artificial intelligence (AI) workloads, two companies stand head and shoulders above the rest: Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO).