Nvidia owns equity stakes in CoreWeave and Arm Holdings. Nvidia (NVDA 0.39%) chips and systems did not become the industry standard in artificial intelligence (AI) infrastructure by chance. Instead, CEO Jensen Huang had the foresight to reinvest profits from its graphics and gaming business into AI product development over a decade before ChatGPT caught the...

Some companies already are scoring an AI win. Artificial intelligence (AI) stocks have driven double-digit gains in the S&P 500 over the past three years, with names such as Nvidia (NVDA 0.43%), Alphabet, and Palantir Technologies soaring. Investors have piled into these and other companies developing or using AI in an effort to get in...

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