Beyond Nvidia: 7 Stocks to Play the Next Wave of AI

The impact of artificial intelligence (AI) on the investing world has been virtually impossible to miss over the past year. With wall-to-wall coverage worldwide of its game-changing applications across many industries, and forecasts calling for exponential market growth in the years to come, investors have made a beeline for AI stocks. In fact, the price appreciation in some of these AI stocks has been so parabolic that some experts now warn we are in an AI bubble.

One “on the bubble” stock that has defined Wall Street's AI-led rally is semiconductor designer Nvidia (NVDA), which has more than tripled in value over the past year. Although analysts remain strongly bullish about NVDA stock, and many believe it has considerable upside left, there's more to the AI revolution than specialized chips. To that end, Daniel Newman, the Principal Analyst at Futurum Group, recently told MarketWatch which names he expects to benefit from the next wave of adoption.