Nvidia 's stock still has plenty of upside ahead of it even after the chip giant's market cap crossed $3 trillion , according to a highly rated portfolio manager.
Adam Benjamin, a research analyst and portfolio manager at Fidelity Investments, told CNBC on Thursday that the artificial intelligence boom still has plenty of room to grow and that Nvidia remains in a strong position.
Nvidia was the top holding in the Fidelity Select Technology Portfolio (FSPTX) as of April 30.
"I know people like to talk about this as a chip company … but this is really a full infrastructure and compute and services company," Benjamin said.
Other top holdings in Benjamin's Fidelity fund as of April 30 include Microsoft and Apple .
Persons:
Adam Benjamin, Benjamin, Berkshire Hathaway's Warren Buffett, Morningstar
Organizations:
Nvidia, Fidelity Investments, CNBC, Wall, Berkshire, Fidelity, Technology, Morningstar, Microsoft, Apple