Prediction: This Incredibly Cheap Semiconductor Stock Could Become the Next Nvidia

This Nvidia peer is benefiting from the growing adoption of AI-enabled smartphones.Nvidia (NVDA -0.16%) stock has been on a tear on the stock market over the past year and a half, which is not surprising -- the company has been delivering phenomenal earnings and revenue growth thanks to the booming demand for its artificial intelligence (AI) chips.Nvidia commands a dominant position in the AI chip market with a market share of more than 90%. It is leagues ahead of rivals such as Intel and AMD, which are sti ...