Investors have moved heavily into artificial intelligence (AI) stocks over the last 18 months. The release of a vastly improved version of OpenAI's ChatGPT in November 2022 forced the shareholding public to rethink the power of AI, and some stocks experienced massive increases.

However, the market did not treat all AI stocks equally, and some struggled because of the perception that they had or were going to fall behind. Some of these market perceptions were probably overly negative, creating an opportunity in three AI stocks, even for those with only a $1,000 investment budget. Let's take a look at why these three AI stocks are now a bargain.

Google's parent company, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), has long been synonymous with AI. Since it first began using machine learning to correct spelling in 2001, it has been a leader in the AI field. It also became an "AI-first" company in 2016, meaning that it integrated AI into all products from that point forward.

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Source Fool.com