The broad surge of interest in artificial intelligence (AI) has been boosting the stock market for more than a year now, stretching back to OpenAI's release of the ChatGPT chatbot in November 2022.

Since then, a handful of early leaders in AI technology have soared into the stratosphere. AI accelerator chips drove Nvidia's stock more than 410% higher in 16 months. High-performance computer systems builder Super Micro Computer rose even faster with a 1,100% gain over the same period.

I understand if you hesitate to buy shares in these skyrocketing AI stocks. What goes up must not necessarily come back down quickly, but the valuation risk is real.

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Source Fool.com