Josh Brown Explains Why NVIDIA (NVDA) ‘Still The Most Obvious’ Stock to Play AI Trade

Core Insights - NVIDIA Corp (NASDAQ:NVDA) is highlighted as a top stock recommendation amid concerns about the AI bubble, with a strong emphasis on its dominant position in the AI sector [1] - The company is expected to benefit significantly from major AI deals, such as the recent $14.2 billion agreement with CoreWeave and Meta, which enhances its competitive edge [1] - NVIDIA holds approximately 90% of the GPU market, with projections indicating the market could reach $3 to $4 trillion by 2030, showcasing its robust market position [2] Company Position - NVIDIA's competitive advantage is underscored by its ownership of the CUDA platform, which is the standard for AI programming, and the upcoming next-generation GPU series Rubin set for release in 2026 [2] - The company is well-positioned to capitalize on the rising global demand for its chips, with no significant competitors in sight, reinforcing its strong market presence [2] Market Outlook - The data center capital expenditure is projected to reach $6.7 trillion, indicating sustained growth in demand for NVIDIA's products [2] - Analysts suggest that while other companies in the AI space may present opportunities, NVIDIA remains the most reliable choice for investors seeking exposure to the AI sector [1]