Nvidia stock jumped over 5% Tuesday as U.S. export licenses pave way for renewed AI chip sales to China. Here's what that means.

Nvidia is the dominant player in AI infrastructure, but its size could limit some of its upside. AMD and Broadcom, meanwhile, have huge opportunities. Given their smaller sizes, the stocks have the potential to outperform Nvidia in the coming years.

Nvidia ($NVDA) stock closed at a record $164.92 on July 11, capping a strong week where it gained more than 4%. The stock also briefly crossed the