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.

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.

The company has regularly impressed the market with earnings ahead of expectations but it might struggle to do so this time.