Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.

Needham is the latest Wall Street giant to crank up Nvidia’s price target, and the jump is big. The firm bumped its price target to $200 from $160, while maintaining a buy rating, following Nvidia’s confirmation that it’s gearing up to resume H20 chip sales to China.

SoundHound AI's share price has actually benefited from a big rally over the last few months. stocks we like better than SoundHound AI › SoundHound AI (NASDAQ: SOUN) stock saw a dramatic valuation pullback across the first half of this year's trading.

Key Points D-Wave Quantum and Nvidia are building technology to drive the advancement of artificial intelligence.D-Wave's quantum computing solutions catapulted Q1 revenue to $15 million, an incredible 509% year-over-year increase.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

Nvidia just became the first company to reach a $4 trillion market cap. Analysts project Nvidia to grow earnings per share at high rates for several more years. It's difficult to find any companies that have benefited from the growth of artificial intelligence (AI) like Nvidia (NASDAQ: NVDA).

Nvidia Corporation continues to lead in AI & data centers, fueling stock growth despite risks & high valuations. Click for my NVDA update.

This caused the stock to soar higher, but it has since leveled off after an initial boost. Many investors consider this lull an excellent buying opportunity, but is it?