Nvidia (NASDAQ: NVDA) now has a market cap of about $2.5 trillion, making it one of the most valuable companies in the world. The stock has enjoyed an incredible rally in the past couple of years, and even though it has been declining in recent weeks, it's still up by an amazing 115% since January.

While there are plenty of opportunities for the leading artificial intelligence (AI) chipmaker's business to grow, because it now trades at such a high valuation that it could take a while for investors who buy it today to reap a high return from the stock.

That's why it's worth considering other AI stocks that may have more upside, and which can benefit from strong demand for Nvidia's AI chips. One stock such stock that looks like an underrated AI investment today is Dell Technologies (NYSE: DELL).

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Source Fool.com