Nvidia (NVDA 1.71%) and Lam Research (LRCX -0.35%) play important roles in the artificial intelligence (AI) supply chain. Both stocks outperformed the S&P 500 during the last five years, and both companies reset their soaring share prices with stock splits in 2024. Most Wall Street analysts expect that momentum to continue in 2025.
Here's what investors should know about these companies.
Nvidia graphics processing units (GPUs) are the chips of choice in accelerating complex data center work, like training large language models (LLMs) and running artificial intelligence applications. The company accounts for 98% of data center GPU sales and 95% of AI accelerator sales, according to the International Data Corporation.