It is worth noting that Nvidia has been running away with the data center GPU market, with an estimated market share of 92% at the end of last year. That's miles ahead of second-place Advanced Micro Devices ' ( AMD 1.68%) share of just 4%. However, it won't be surprising to see AMD taking market share away from Nvidia thanks to its upcoming chips.

When investors think of artificial intelligence (AI) and the stock market, one name stands out: Nvidia (NVDA). The chip giant has been the poster child for the AI boom, with its high-performance GPUs powering everything imaginable.

Palantir Technologies (NASDAQ: PLTR), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) are three well-known technology stocks representing a mix of both groups. Palantir has been one of the market's biggest winners in artificial intelligence (AI), while investors wonder whether Apple and Alphabet are losing their edge.