Nvidia has left little room for other chipmakers to make a dent in the AI chip market. So, investors looking for another company with the ability to become a leading player in its market and deliver healthy stock price upside in the long run should consider Meta Platforms ( META -1.19%) for their portfolios.

Shares of Nvidia Corp. (NASDAQ: NVDA) have surged 23.4% over the past month, including a 1.5% gain over the past five trading sessions. That has brought the stock back to 7.2% higher than at the beginning of the year.

Nvidia (NASDAQ:NVDA) stock has roared back to life over the past two months, following a decidedly uncharacteristic drop earlier in the year.