While there have been plenty of beneficiaries of these secular tailwinds, one of the most notable has been Nvidia (NASDAQ: NVDA). In a nutshell, the company's graphics processing units (GPUs), which were originally developed to craft lifelike images in video games, proved equally adept at powering AI models.

Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled.

However, no company has more directly benefited from the rise of AI than semiconductor behemoth Nvidia (NASDAQ: NVDA). In less than two years, Nvidia has grown from a $360 billion business that was somewhat important within the tech sector to Wall Street's most-valuable publicly traded company ($3.