Admittedly, trying to ponder stocks that might become worth more than Nvidia may seem unimaginable. When demand for AI accelerators surged out of nowhere, so did Nvidia stock, and it is now a stock with a $3.85 trillion market cap, the world's largest.

While competitors are racing to close the gap, Nvidia's combination of cutting-edge hardware and indispensable CUDA platform will continue to give it a lasting edge. Now, Nvidia is obviously not the sole beneficiary here,

Semiconductor stocks appear to still be in a bull market. Some are worth sticking with, while others are worth avoiding.