Warren Buffett is the CEO of Berkshire Hathaway ( BRK.A 0.99%) ( BRK.B 0.95%), which has delivered an annual return of 19.8% since Buffett took the helm in 1965. That could have turned an investment of $1,000 into more than $42 million. The same investment in the S&P 500 index would have grown to just $308,115 over the same period.

That's the reason why buying and holding on to solid AI stocks for a long time to come could turn out to be a smart move. Such a strategy will allow investors to capitalize on this disruptive trend while also benefiting from the power of compounding.

AI could become a multitrillion-dollar industry. There are still high-quality stocks with compelling risk-reward upside potential. Here are three of them.