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My Top 5 Artificial Intelligence (AI) Stocks to Buy Right Now

Written by Keithen Drury for The Motley Fool -> Nvidia continues to dominate its industry. Sandisk is thriving from the memory chips shortage. Amazon and Microsoft have thriving cloud computing units. There are several strong artificial intelligence (AI) stock picks available

My Top 5 Artificial Intelligence (AI) Stocks to Buy Right Now
Nasdaq News โ€” 12 June 2026
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There are several strong artificial intelligence (AI) stock picks available in the market right now. The AI infrastructure build-out is expected to last through at least 2030, so scooping up shares now with a long-term investing mindset is a smart way to approach the current market environment. These five in particular look like solid buys right now.

Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue ยป

Nvidia (NASDAQ: NVDA) has been the top AI stock pick since 2023 for a good reason: Its products sit at the core of the AI build-out. Nvidia makes GPUs (graphics processing units), which are the primary computing units deployed in data centers to handle AI workloads. Though it's already the world's largest company by market cap, Nvidia continues to see incredible growth, with its revenue rising 85% in its most recent quarter.

Its growth is far from over, given projections that annual data center capital expenditures will rise to the $3 trillion to $4 trillion range by 2030. That's a major, long-term investing opportunity. With Nvidia's chips likely to be at the center of that, it's well worth buying its shares now.

Because of the AI infrastructure build-out, demand for memory chips now far exceeds supply, and the companies that make those chips are profiting from the shortage. When the supply of any commodity lags behind rising demand, basic economics dictates that the commodity price will soar, and that's exactly why Sandisk (NASDAQ: SNDK) has done so well lately. It makes NAND memory for solid-state drives (SSDs) for long-term data storage in data centers. Its revenues and profits are undergoing monstrous growth, and even though the stock has risen by a tremendous amount over the past year, it doesn't appear to be stopping.

Wall Street analysts expect 336% growth during Q4 of its fiscal 2026 (which ends this month), and 122% in fiscal 2027. With the memory chip crunch expected to persist for years, that makes Sandisk a solid investment pick right now.

Microsoft (NASDAQ: MSFT) used to be one of the more popular investment options in the AI realm. However, the market has lost some faith in it, and the stock is down around 25% from its all-time high. Yet all that Microsoft has been doing is growing its two primary AI divisions.

Microsoft's annual recurring AI revenue (from products like Copilot) crossed $37 billion last quarter, up 123% year over year. Its cloud computing division, Azure, saw 40% revenue growth, reflecting the huge demand for AI computing resources. Microsoft looks like a bargain buy right now, and investors should scoop up shares of this proven winner before it returns to setting new all-time highs.

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