We recently compiled a list of the 12 Best Forever Stocks To Buy Now. In this article, we are going to take a look at where NVIDIA Corp (NASDAQ:NVDA) stands against the other forever stocks to buy now.

Shares of NVIDIA Corp. NVDA slipped 1.92% to $113.37 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.

Nvidia (NASDAQ: NVDA) has been the stock everyone is talking about for quite some time -- and for good reason. The company dominates the artificial intelligence (AI) chip niche with a market share of about 80%, and this has translated into record earnings. Even better, Nvidia's focus on innovation means its dominance is likely to last.

Nvidia is one of the most important players in the artificial intelligence (AI) realm. Demand for the company's GPU chipsets is off the charts and has spurred record growth. While Nvidia stock has been a lucrative one to own during the AI boom,

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.