Nvidia has been the big artificial intelligence (AI) winner so far, but these two companies might have better long-term prospects.

AI chatbots are fun, sometimes even useful and, until recently, endowed with the uncanny ability to mesmerize investors and fuel the U.S. stock market.

Artificial intelligence (AI) has been the hottest sector on Wall Street for more than two years. First up is IonQ (NYSE: IONQ). As of this writing, shares of IonQ are up more than 275% over the past 12 months.

Artificial intelligence (AI) investing experienced a shakeup at the end of January with the release of DeepSeek's R1 model. This model was reported to have been trained far more cheaply than its U.S.

While cheap, powerful AI models are a great thing for companies looking to deploy AI, it's potentially terrible news for Nvidia.

The popular phrase "reports of my death are greatly exaggerated," an adaptation of a famous Mark Twain quote, is a terrific way to describe Nvidia (NASDAQ: NVDA) after the DeepSeek bombshell (more on this below) sank its stock more than 20%.

Artificial intelligence (AI) has created tremendous opportunities for investors. Nvidia (NASDAQ: NVDA) has been one of the best-performing AI stocks so far. Demand for its data center chips used to train AI models has sent its shares up over 700% since the end of 2022.

Most AI compute has been driven by Nvidia chips, and we obviously have a deep partnership with Nvidia and will for as long as we can see into the future,” Jassy said on a cal

Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best is yet to come.