As investors in the AI space rejoice over the gangbusters performance of computer chip manufacturer Nvidia's third quarter earnings, Long Island experts caution local investors about concentrating on AI stocks alone despite renewed market enthusiasm.

The release of Nvidia’s third quarter earnings, watched closely by tech investors around the world, has been touted by as a major bellwether for the overall health of the artificial intelligence industry.

The company, which designs and manufactures the graphics processing units, or GPUs, used by AI developers, reported revenue of $57 billion for the third quarter, up 62% from the same quarter last year, according to U.S. Securities and Exchange Commission filings .

Still, concerns about the potential for an industry bubble in AI have bee

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