Worth $4 trillion, it’s the most valuable company in the world.

But they were not the only fabless AI semiconductor stocks to do so. RambusRMBS also etched its name on the list.Alongside Nvidia, Rambus stock also earns a spot on the IBD 50 as it blasts higher from a breakout last month.

Nvidia's products have been crucial for companies building next-gen artificial intelligence models. Palantir Technologies' data analytics software helps clients improve efficiency and solve pressing problems.

Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.

AMD says that it is partnering with multiple AI giants such as Meta Platforms, Microsoft, Oracle, OpenAI, and xAI, among others, to build and deploy AI data centers powered by its processors. In fact, AMD claims that "seven of the 10 largest model builders and AI companies are running production workloads" using its AI accelerators.

Nvidia’s Strategic AI Vision Nvidia (NASDAQ:NVDA) has solidified its position as the backbone of the artificial intelligence (AI) revolution, with its graphics processing units (GPUs) driving the most advanced AI models and positioning it as a top choice for investors eyeing the industry’s growth.

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The stock market marched to fresh highs with Nvidia, Taiwan Semiconductor and AI chipmakers leading and economic data solid. Online brokers also are hot.