But with the company now among the most valuable in the world and amassing such incredible gains, is it too late to invest in Nvidia? Can this still be an exceptional long-term investment, one that could potentially turn a $25,000 investment into more than $1 million over the long haul?

Chipmaker and AI darling Nvidia is back nipping at Apple's heels as the most valuable company in the world, with the stock hitting an all-time high Monday.

Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day. Nvidia stock tumbled 6.2% in the previous session, wiping out about $200 billion worth of market capitalization.