Top 5 AI stocks to buy: Nvidia, Broadcom, TSMC, Palantir, GitLab

From Nasdaq: 2025-06-21 04:20:00

Artificial intelligence (AI) continues to be a promising investment opportunity, with companies like Nvidia, Broadcom, Taiwan Semiconductor Manufacturing, Palantir Technologies, and GitLab leading the way in the sector. These companies have found unique niches in the AI space and are poised for growth as demand for AI technology increases.

Nvidia’s GPUs are essential for AI infrastructure, with over 90% market share in the GPU space. Demand for AI chips is rising, driven by cloud computing companies, tech giants, and countries investing in AI. Nvidia’s CUDA software platform has become the industry standard, positioning the company as a key player in the AI market.

Broadcom focuses on networking components and custom AI chip design, with a strong emphasis on software offerings like VMWare. Its Ethernet switches and networking components are essential for AI clusters, and the company is well-positioned to capitalize on the growing demand for custom AI chips. With strong revenue growth and a solid customer base, Broadcom is poised for long-term success.

Taiwan Semiconductor Manufacturing is a leader in semiconductor manufacturing, producing AI chips for top customers like Nvidia and Apple. The company’s focus on advanced nodes and high-performance computing has driven revenue growth, with strong pricing power in the market. By working closely with customers to meet demand, TSMC is set to benefit from the AI infrastructure build-out.

Palantir Technologies specializes in AI applications and workflow layers, offering an AI operating system that helps organizations solve complex problems. The company’s AI Platform (AIP) has a wide range of use cases across various industries, driving revenue growth. While there are risks associated with its high valuation and government client exposure, Palantir’s unique position in the AI space presents a significant opportunity for growth.

GitLab is a leader in the DevSecOps space, providing a platform that helps developers build software securely. The company’s technology is driving strong revenue growth and customer expansion, with AI enhancing developers’ productivity. With impressive gross margins and solid free cash flow, GitLab is positioned as a long-term winner in the AI sector.



Read more at Nasdaq: What Are the Top 5 Artificial Intelligence (AI) Stocks to Buy Right Now?