Delivering close to 200% in capital returns over the past year, Nvidia (NASDAQ:$NVDA) has been rightfully crowned the ultimate semiconductor growth stock in 2017. The company continues to be at the center of the fourth technology shift, increasing its presence in almost every major growth trend.

Specifically, Nvidia’s GPU (graphics processing unit) appears to be unbeatable in its core market of gaming, and it is benefiting from the rising demand from cryptocurrency miners. The company also is at the forefront of AI revolution, with almost all major cloud companies and HPC customers using Nvidia’s GPUs for their AI tasks. It doesn’t hurt that giant consumer corps like Wal-Mart Stores (NASDAQ:$WMT) are increasingly adopting AI companies for expansion.

Jen-Hsun Huang, CEO of Nvidia recently stated: “The next revolution of AI will be at the edge, and the most visible impactful evidence will be the autonomous vehicle.”

The company has not made it into the top five semiconductor companies according to revenue just yet. The sector is controlled by giants like Intel (NASDAQ:$INTC) and Samsung (OTCMKTS:$SSNLF). 

However, Nvidia stock has jumped over a whopping 690% over the last two years, outperforming the industry. On September 18th, 2017, Nvidia stock peaked at a $191.20 The stock price momentum is expected to continue, as long as the company sustains growth expectations.

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