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Five cheap AI stocks to buy in April include Nvidia, Broadcom, Amazon, Alphabet, and Microsoft. Nvidia is the market leader in AI chips, while Broadcom helps customers develop custom AI chips. Amazon's AWS is the market-share leader in cloud computing, fueled by customers building out their own AI models and apps. These stocks have dropped to bargain levels with forward P/E ratios of 21.5, 23, and 28.2, respectively.

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