Which of these AI-oriented plays has a brighter future?

Navitas ( NVTS -0.97% ) and CoreWeave ( CRWV 7.38% ) represent two different ways to invest in the rapid growth of the artificial intelligence (AI) market. Navitas was recently chosen by Nvidia (NASDAQ: NVDA) to supply more power-efficient chips for its next-gen data centers, while CoreWeave provides cloud-based access to Nvidia's GPUs through its own data centers.

Both of these AI-oriented stocks generated big gains within a short time. Navitas' stock had sunk to a record low of $1.52 this April, but a partnership with Nvidia in May brought back the bulls. It now trades at about $6. CoreWeave went public at $40 this March, and it's already tripled to nearly $120. Should investors buy either of these stocks to

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