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Billionaire hedge fund manager Bill Ackman owns just one AI stock, and it's a member of the "Magnificent Seven."

We recently published a list of the Top 10 Blue Chip AI Stocks to Buy According to Billionaire Cliff Asness. In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other top blue chip AI stocks to buy according to billionaire Cliff Asness.

The market has recently soured on this $2 trillion technology leader, but investors could be missing the forest for the trees.

Less than three months ago, the Nasdaq Composite hit an all-time high, continuing a solid run that began two years ago. Since that mark, the index is down over 13%, including a 9% drop this year, and is in correction mode (as of March 11).

Arista Networks forecast first-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and chips.

Artificial intelligence (AI) has been the hottest sector on Wall Street for more than two years. First up is IonQ (NYSE: IONQ). As of this writing, shares of IonQ are up more than 275% over the past 12 months.

We recently compiled a list of the Top 10 AI News and Ratings You Probably Missed. In this article, we are going to take a look at where Altair Engineering Inc.

ASML Holding N.V.'s complex, high-cost business model and reliance on a few partners are mitigated by secular trends and continuous R&D investment. Learn more on ASML stock here.