The artificial intelligence (AI) and cloud specialist just provided the clearest proof yet that AI adoption continues at a healthy clip.

It's been a wild ride for Nvidia ( NVDA 3.91% ) investors over the past few years. The advent of artificial intelligence (AI) in early 2023 represented an unprecedented opportunity for the chipmaker, and it has clearly delivered. The stock has gained more than 1,100%, as Nvidia's graphics processing units (GPUs) provided the computational horsepower needed for generative AI. In the years since, the company's revenue surged 673% and its net income soared 1,770%, vaulting Nvidia to a $4 trillion market cap , the first company to ever surpass this lofty benchmark.

In recent months, however, the popular narrative is that AI adoption has peaked

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