Nvidia gained a staggering $2 trillion in market value last year amid the market's continued frenzy for artificial intelligence, and yet, the stock may have even more room to climb amid a flurry of catalysts in the coming year,

Meta is undoubtedly a great pick, but Nvidia still has a lot of room to run. It also happens to be a favorite of many of Wall Street's billionaires, appearing at the top of several funds. Both of these stocks will likely continue to lead the AI industry and outperform the broader market.

After such a phenomenal run, many popular AI names are expensive, with investors betting that these companies continue to grow at high rates and that their markets only get bigger. AI infrastructure company Nebius Group (NASDAQ: NBIS) got back in the mix a few months ago when the company rejoined the Nasdaq exchange after a three-year hiatus.