While the long-term outlook for AI remains encouraging and this technology has real-world applications in most industries around the globe, Nvidia's chances of becoming Wall Street's first $5 trillion company are likely going to be thwarted by history.

We recently published a list of Wall Street Is Focusing on These 10 AI Stocks as New Year Begins. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other stocks Wall Street is focusing on as the new year begins.

It’s hard to imagine any of Nvidia’s rivals being able to replicate the company’s magic 2024. In the third quarter of 2024, Nvidia reported revenue of $35.1 billion, marking