Semiconductor giant Nvidia has added $2.6 trillion to its market capitalization since the beginning of 2023, soaking up most of the value created by the artificial intelligence (AI) industry so far.

However, professional investor Cathie Wood believes software companies will eventually generate $8 in revenue for every $1 spent on chips from the likes of Nvidia, which could create a substantial opportunity for investors.

C3.ai (NYSE: AI) and Lemonade (NYSE: LMND) were developing AI software long before the hype took hold last year. Shares in both companies trade at under $30; here's why they could supercharge your stock portfolio over the long term.

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Source Fool.com