Let's address the elephant in the room: When it comes to artificial intelligence (AI), no one's going to forget Nvidia (NASDAQ: NVDA). I know I certainly won't. The company is the standard bearer for the accelerating adoption of AI thanks to its gold standard AI chips and has thus far been the one undisputed beneficiary of the AI revolution. The stock price has gained more than 200% over the past year alone, led by triple-digit revenue and profit growth in each of the preceding four quarters -- which is memorable, to say the least.

That said, some investors are already looking to the next wave of AI adoption as the potential windfall expands beyond Nvidia, as it no doubt will. In fact, analysts are particularly bullish on two semiconductor stocks that provide compelling alternatives for investors looking to expand their exposure beyond Nvidia.

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Source Fool.com