3 Magnificent Artificial Intelligence (AI) Stocks to Buy in June

Nvidia's upcoming Blackwell GPU platform represents a significant leap forward in AI capabilities compared to the company's current offerings. The Blackwell architecture is set to redefine AI and high-performance computing (HPC) with unmatched parallel computing capabilities6.

The Blackwell GPU platform offers several advancements that make it more powerful for AI workloads:

1. Higher Transistor Count: Blackwell GPUs (B100 & B200) adopt dual-chipset designs, representing a significant leap from Hopper. For instance, the B100 has 128 billion more transistors and five times the AI performance of the H100.

2. New Technologies: Nvidia showcased a new set of technologies that promise to accelerate AI training and inference like never before6. They unveiled the Blackwell GPUs, the GB200 Super Chip, and the GB200 NVL72. Each represents groundbreaking innovation.

3. Improved Performance: The Blackwell architecture and B200 GPU provide a massive generational leap in computational power. The B200 GPU more than doubles the transistor count of the existing H100. It also provides 20 petaflops of AI performance from a single GPU — a single H100 had a maximum 4 petaflops of AI compute.

4. Advanced Interconnectivity: The Blackwell architecture introduces a fifth-generation NVLink, offering unprecedented levels of parallelism and bandwidth that considerably outpace the Hopper architecture’s capabilities.

5. Secure AI: Blackwell also comes with Secure AI. Secure AI protects your AI data even when they are being used. It increases security without reducing speed.

6. Intelligent Resiliency: Blackwell has intelligent resiliency with a dedicated Reliability, Availability, and Serviceability (RAS) Engine to identify potential faults that may occur early on to minimize downtime. Its RAS Engine provides in-depth diagnostic information to identify areas of concern and plan maintenance.

In summary, the Blackwell GPU platform is a significant step forward for Nvidia in terms of AI capabilities, offering improved performance, advanced technologies, and enhanced security and resiliency features.

Nvidia has been described as "magnificent" in the context of AI stock performance due to several key achievements. Firstly, the company's shares have skyrocketed by approximately 180% over the last 12 months, making it the fastest-rising member of the "Magnificent Seven" stocks1. Furthermore, Nvidia has delivered a staggering gain of more than 24 times over the last 10 years.

The company's growth story is primarily driven by its graphics processing units (GPUs), which have become the foundational hardware underpinning the AI revolution5. Nvidia's GPUs are in high demand by tech companies for AI applications, and the company plans to launch its new Blackwell GPU platform later this year, which is expected to be the most powerful AI architecture ever. The demand for Blackwell already outstrips the anticipated supply.

Nvidia's success in the AI space has led to its current market capitalization of roughly $2.4 trillion, ranking as the third-most valuable of the Magnificent Seven companies. The company's dominance in the market for GPUs used in AI applications, along with its expanding array of purpose-tailored software tools, has positioned Nvidia to reshape the AI landscape. This has resulted in a "quasi-monopoly" situation, as described by Moody's Senior Vice President Raj Joshi.

Overall, Nvidia's remarkable stock performance, its pioneering GPU technology, and its strategic positioning as the go-to source for companies needing massive computing power for AI applications have contributed to it being described as "magnificent" in the context of AI stock performance.