If you want to maximize your growth potential when betting on AI, you'll have to look at smaller competitors. Fortunately, there's a much smaller company to consider, one that Nvidia actually invested nearly $4 million of its own funds into in the past year. This is your chance to follow Nvidia's lead.

Nvidia (NASDAQ: NVDA) has been one of the hottest artificial intelligence (AI) stocks on the market. Its split-adjusted share price has increased nearly 700% since 2023. But the stock has actually slipped 14% since peaking around $136 per share in June, shortly after the company completed its 10-for-1 stock split.

The relentless pace of innovation in artificial intelligence and sustained demand for AI chips bodes well for Nvidia stock and its peers.

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The S&P 500 is a diversified index, but a mere handful of technology stocks currently have a big influence over its performance.

As more of its clients seek to leverage AI, Microsoft stock should find itself in a virtuous cycle. Not only will its free cash flow probably rise, but it will also help fund the share buybacks and, by extension, the price growth that will continue to draw more investors to Microsoft stock.

In today's video, I discuss how OpenAI o1-preview impacts Nvidia (NASDAQ: NVDA) and other semiconductor stocks. Check out the short video to learn more, consider subscribing, and click the special offer link below.