Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

D-Wave Quantum and Nvidia are building technology to drive the advancement of artificial intelligence. D-Wave's quantum computing solutions catapulted Q1 revenue to $15 million, an incredible 509% year-over-year increase.

The project will build on sovereign AI initiatives announced last year by Indonesian tech leaders and Nvidia. The CoE will support Indonesian AI research, develop local AI talent, and help startup companies deliver innovations to build out the nation’s AI infrastructure.

Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component to the world’s top semiconductor arena.