When you think about buying an artificial intelligence (AI) stock today, one of the first names to come to mind is probably Nvidia. And for good reason. Nvidia is the leading seller of AI chips, with more than 80% market share, and this has driven record earnings and tremendous share performance in recent times.

Nvidia is also one of the industry-leading stocks dubbed the "Magnificent Seven," a reference to the 1960 film. These stocks have led the market's gains over the past year thanks to their growth and focus on the hot area of AI. But Nvidia isn't the only game in town for investors who want to get in on the AI boom. In fact, another member of the Magnificent Seven is cheaper than Nvidia and is on track to become an AI powerhouse.

And this means you may want to hold off on buying Nvidia right now and instead get in on this more compelling Magnificent Seven buying opportunity.

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Source Fool.com