Best Artificial Intelligence (AI) Stocks to Buy Now According to Grok

TLDR

• Nvidia leads AI chip market with 44 of 48 analysts rating it Strong Buy and average price target showing 39% upside potential
• Taiwan Semiconductor sees AI-related sales triple in Q3 with 41% revenue growth and 25% upside projected by analysts
• Broadcom expects $19-30 billion in AI revenue by 2026 after 63% jump in fiscal Q3 AI sales
• Microsoft Azure grows 40% with all 34 analysts rating stock Buy or better, targeting 30% gains
• Alphabet integrates AI across search and cloud platforms with Gemini 3 launch strengthening ad efficiency

Global AI spending is projected to exceed $300 billion in 2026. This growth creates opportunities for investors looking at companies driving the artificial intelligence revolution.

Market analysts have identified five stocks with strong buy ratings and growth potential. These companies operate across different parts of the AI ecosystem from chip manufacturing to cloud services.

Nvidia Dominates AI Hardware Market

Nvidia remains the leader in AI chip production. The company’s GPUs power the training of large language models used by major tech companies.

NVIDIA Corporation, NVDA

Among 48 analysts tracking the stock, 44 rate it Strong Buy. The average price target sits at $252.33, representing 39% upside from current levels around $179.

Data center revenue continues to grow as demand increases from hyperscale customers. Rosenblatt Securities analysts noted that investors received reassurance on AI chip orders after the company’s latest earnings report.

Taiwan Semiconductor Powers Advanced Manufacturing

Taiwan Semiconductor Manufacturing produces chips for Nvidia and other AI companies. The foundry’s advanced manufacturing processes are essential for AI chip efficiency.

Taiwan Semiconductor Manufacturing Company Limited, TSM

The company reported 41% revenue growth in Q3. AI-related sales tripled during the same period.

Out of 13 analysts, 10 rate the stock Strong Buy with an average target of $337.75. This represents 25% gains from the current price of $270.

Wedbush analyst Matt Bryson called Nvidia’s performance a “green flag for TSMC.” He noted demand for advanced manufacturing processes remains strong.

Broadcom Expands Custom AI Silicon Business

Broadcom produces custom AI chips for hyperscale cloud providers like Google. The company also maintains a strong position in networking technology.

Broadcom Inc., AVGO

Fiscal Q3 AI revenue jumped 63% year over year. Broadcom projects AI sales will reach $19-30 billion by 2026.

From 46 tracked analysts, 43 recommend Buy ratings. Goldman Sachs recently raised its price target to $435, representing 40% upside from $387.

Goldman analyst James Schneider pointed to strong industry results and momentum from major customers. The company reports earnings on December 11.

Microsoft Leverages Azure Cloud Growth

Microsoft’s Azure cloud platform grew 40% in the most recent quarter. The company partners with OpenAI to integrate AI features across its product line.

Cloud revenue increased 30% with Copilot adoption accelerating among enterprise customers. All 34 analysts rate the stock Buy or better with a $628 average target, 30% above the current $477 price.

Evercore ISI maintained its Outperform rating at $640. The firm confirmed Azure, Microsoft Cloud and Copilot continue growing rapidly with AI as the central driver.

Alphabet Integrates AI Across Core Products

Alphabet deploys AI technology across Google Search, YouTube and Google Cloud. The company’s Gemini 3 model improves advertising efficiency.

Google Search maintains 90% market dominance. This position addresses concerns about AI disrupting the search business.

42 analysts give Buy ratings with an average target of $297. Loop Capital upgraded the stock after the Gemini launch, noting the search business “looked as healthy as ever.”

AI enhancements could drive 15% or more earnings growth for the company. Regulatory scrutiny remains a factor for investors to monitor.

Final Thoughts

These five stocks represent different approaches to capitalizing on AI growth. Analyst consensus shows strong support with price targets indicating 25-40% upside potential across the group.

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