In this photo illustration, the AMD company logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket v

Nvidia (NASDAQ: NVDA) has undoubtedly been one of (if not the) best artificial intelligence (AI) stocks to own in 2023 and 2024. With 2025 nearly here, the question now shifts to: "Is it the best AI stock for 2025?

The past two years have been absolutely phenomenal for Nvidia (NASDAQ: NVDA) investors, as shares of the graphics card specialist shot up 736% during this period once it became evident that the company is going to play a central role in the proliferation of artificial intelligence (AI).

This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About was originally published by The Motley Fool The timing of the offering remains subject to the SEC review process and market conditions.

Among the companies benefiting from artificial intelligence (AI) entering the mainstream are semiconductor giants Broadcom ( AVGO -0.11%) and Nvidia ( NVDA -3.10%). The arrival of AI supercharged sales for both businesses as customers sought the necessary hardware and software to implement AI into their organizations.

Nvidia stock has been on a disappointing run since its earnings last week but the good vibes looked set to return in a holiday-shortened session Friday.

Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a price-to-earnings ratio of 69, which is far cheaper than AMD's stock's P/E ratio of 130.

Analysts have been busy updating their discounted cash flow models and price targets for Nvidia (NVDA) after the most important AI company in the world failed to give the sort of blow-out revenue guidance Wall Street has come to expect.