While top-notch billionaire investors were showing Nvidia stock to the door during the March-ended quarter, they were piling into two other rapidly growing artificial intelligence (AI) stocks.

The stock needs to close above $950.02 to beat the record closing high it reached in late March. Nvidia has generally been boosted by an earnings season where large technology companies reaffirmed their commitment to spending billions on artificial-intelligence infrastructure.

Nvidia is expected to make the most of its terrific pricing power in AI chips when it launches its next-generation processors later this year. The company's data center revenue is forecasted to grow exponentially because of its robust market share.

Nvidia rose Monday as the chip maker prepares to report earnings this week. The key question is about a potential slowdown in orders ahead of the launch of its new AI chips.Nvidia shares were up 2.5% to $ 947.

Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.

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