Nvidia's stock has seen a tremendous growth of 1,800% over the past five years.

The company's success is largely attributed to its 94% control of the AI chip market.

The global AI chip market is projected to expand to $384 billion by 2032.

Tech giants like Microsoft, Alphabet, Amazon, and Meta are increasingly investing in Nvidia's H100 GPU chip.

Tesla is set to double its usage of Nvidia's chips by year-end.

Despite competition, Nvidia is expected to report revenues surpassing $100 billion in 2024.

Upcoming earnings results due on May 22 are highly anticipated, with predictions of a 35% annual earnings growth over five years.

Analysts foresee a potential 162% rise in Nvidia's stock price, though investors are advised to weigh risks and rewards.