And this stock is Super Micro Computer ( SMCI 0.07%), a company that saw its stock price soar 188% in the first half, surpassing Nvidia's 149% increase. Though individual forecasts vary, the average Wall Street estimate calls for the stock to climb 90% from today's level.

Let's look at the numerous growth drivers that could send Nvidia stock to new heights. Nvidia revolutionized gaming a quarter of a century ago when the company pioneered the GPU, which produced lifelike images in video games.

Thus far, semiconductor behemoth Nvidia ( NVDA 3.97%) has been the undisputed beneficiary of the rise of AI. But according to select Wall Street pundits, two other artificial intelligence stocks offer truly eye-popping upside -- up to 1,050%!

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.

The U.S. stock market’s reaction to Nvidia’s earnings report illustrates how unrealistic investors are about the tech giant’s future growth rate. Nvidia reported second-quarter revenue that was more than double the year-ago quarter and was even better than the consensus Wall Street expectation.

Nvidia stock has soared due to rising demand for AI components. But there's a smaller AI company that could have even more upside. SoundHound has great potential, but also poses some risks, too. Like Nvidia?