Market research firm IDC recently released a report stating that the global artificial intelligence (AI) market is now worth $235 billion, and the good part is that this technology still has a lot of room for growth over the next five years.

This chip stock is not only cheaper than Nvidia, but it is set to grow at a faster pace than the AI pioneer as well. The post The ultimate US artificial intelligence (AI) stock to buy hand over fist right now (Hint: It's not Nvidia) appeared first on The Motley Fool Australia.

SoundHound AI has emerged as a leader in conversational artificial intelligence dealing with speech-enabled applications for people to interact with smart devices. The technology is integrated by automakers for in-vehicle voice commands and generative AI as a core part of its business.

As of the end of the second quarter, Meta had nearly 3.3 billion daily active users (DAUs). That's a huge advantage for the company in many ways, but consider this: Meta is in a position to introduce its AI-powered features to roughly 40% of the world's population.

Vertiv provides various infrastructure solutions for artificial intelligence data centers, and the market continues to grow.

Artificial intelligence technology is certainly among the most disruptive trends in the market for investors to consider. Most companies have touted their AI integrations and product developments on earnings calls,

There is a clear winner between these two companies trying to capitalize on the growing demand for AI graphics cards.

Buying and holding top stocks for a long, long time is one of the best ways to make money in the stock market, because this strategy allows investors to capitalize on secular growth trends and also helps them benefit from the power of compounding.