The world's leading artificial intelligence (AI) company, Nvidia, may be at a crossroads as its glory days appear to be fading. Despite record-breaking gains in the first half of 2024, experts warn that Nvidia's dominance in AI may be reaching its peak. With estimates suggesting that AI could add trillions to the global economy, Nvidia's meteoric rise has been fueled by its innovative AI-focused GPUs. However, the company faces challenges from competitors like AMD and Intel, who are entering the AI market with their own chips. Additionally, Nvidia's pricing power could decline as customer demand exceeds supply. History has shown that industry leaders like Nvidia often face significant declines when bubbles burst, with the potential for shares to plummet by as much as 56%. As Nvidia navigates these challenges, its future as the top AI company hangs in the balance.