These two companies are often seen as front-runners in the artificial intelligence (AI) arms race, so why are their stocks slumping?) Read More: Earn up to $845 cash back this year just by changing how you pay at Costco!

Nvidia (NASDAQ: NVDA) is the leading supplier of graphics processing units (GPUs) for data centers, which are used to develop advanced artificial intelligence (AI) models. The company consistently grew its quarterly revenue by triple-digit percentages over the past year,

Nvidia (NVDA) is among the largest companies in the world, valued at a market cap of over $3.3 trillion. In the last 10 years, the chip designer has returned an astonishing 27,496% to shareholders. In the last two years alone,

Arm Holdings' growth story could be just getting started as new products and services emerge from the chip revolution.