The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030.

The AI boom still has a long way to go, and any of these three stocks offer a great way to invest in the long-term potential.

Nvidia ( NVDA -3.26%) first disclosed a stake in fellow semiconductor company Arm Holdings ( ARM -5.59%) in the fourth quarter of 2023. The position was valued at $147 million at the time, but a recently filed Form 13F shows the position is now worth more than $280 million and accounts for about 65% of Nvidia's $433 million stock portfolio.

Investors looking to buy a potential AI winner trading at a reasonable valuation should consider taking a closer look at this company.