The stock has jumped by the quadruple digits in recent years, but the gains may be far from over.

Nvidia ( NVDA -1.77% ) has generated billions of dollars in earnings over the past few years thanks to its leadership in the artificial intelligence (AI) chip market. Like others, the tech company makes graphics processing units (GPUs) that drive major AI tasks such as the training and inferencing of models -- but what separates Nvidia from rivals is the fact that its GPUs are the fastest around.

Companies aiming to supercharge their AI projects have jumped on board and continue to line up to get in on the latest products that will make their AI programs more efficient. And that's why, in order to maintain its market position and keep growth going, Nvidia focuses on innovation.

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