Though Nvidia (NASDAQ: NVDA) has been a top performer in the stock market in the past couple of years, shares of the semiconductor giant have lost momentum since the release of its fiscal 2025 third-quarter results in November last year.

While Nvidia loses support in a risky late-stage base, Baker Hughes stock taps strong growth and AI to drill toward a breakout.

Nvidia (NVDA) is a technology company that focuses on designing and developing graphics processing units (GPUs) for high-performance computing. It also develops application programming interfaces (APIs) and is the market leader in artificial intelligence (AI) hardware and software.

Strategic AI investments Nvidia's investment portfolio targets companies at the forefront of AI applications. Recent investments include Applied Digital (NASDAQ: APLD), a data center provider specializing in AI infrastructure;