14 AI News Investors Are Paying Attention To

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1. NVIDIA Corporation (NASDAQ:NVDA

Market Capitalization: $3.6 Trillion 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 11, Melius Research raised the price target on the stock to $185 from $165 and kept a Buy rating on the shares. The advisory cited higher estimates for its target increase, noting it had higher conviction in long-term estimates for Nvidia vs. any other semis/systems company.

While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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