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10 AI Stocks Gaining Attention on Wall Street

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In a positive turn of events, Nvidia CEO Jensen Huang announced that the technology giant has received approval from US President Donald Trump to sell its advanced H20 computer chips. Jensen Huang is currently visiting Beijing and is set to speak at an event today, July 16th.

“Today, I’m announcing that the U.S. government has approved for us filing licenses to start shipping H20s.”

-Huang

“It’s so innovative and dynamic here in China that it’s really important that American companies are able to compete and serve the market here in China.”

The company’s AI chips have been a key focus of US export controls aimed at keeping advanced chips away from China and restricting the country from gaining traction in the AI arms race. However, Nvidia has been filing applications with the US government to resume sales and anticipates that it will receive the licences soon.

“The U.S. government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon.”

Hearing this news, Chinese firms are now scrambling to buy the H20 artificial intelligence chips, as reported by Reuters.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q1 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points  (see more details here).

10. GitLab Inc. (NASDAQ:GTLB)

Number of Hedge Fund Holders: 52

GitLab Inc. (NASDAQ:GTLB) is one of the 10 AI Stocks Gaining Attention on Wall Street.  On July 15, Rosenblatt initiated the stock as “Buy” with a $58 price target. The firm said that the software company is well-positioned for growth and share gains.

The technology landscape is witnessing increasing complexity in terms of application development, and there is a widespread adoption of AI-assisted coding. According to Rosenblatt, both of these factors are working in favour of GitLab.

The firm contended that even though generative AI is commoditizing parts of the coding process, it will eventually lead to more code creation. This, according to Rosenblatt, benefits platforms like GitLab that manage the full software development lifecycle.

The firm also pointed out that there is growth potential from selling its higher-tier “Ultimate” plans and adopting new AI-based add-on products. Since there are only a quarter of GitLab’s paying users currently on Ultimate, there is ample room to grow recurring revenue across its 10,000-plus customer base.

“In our view, the growth in and complexity of modern cloud and emerging GenAI applications and the upsell opportunity for GitLab provide significant runway for growth.”

“We believe GitLab has established itself as one of the two leading providers of comprehensive software development platforms, with over 30m registered users, and has broadened into many adjacent areas and additional personas, just in time to make the Company robust (and perhaps even anti-fragile) to the AI wave”.

GitLab Inc. (NASDAQ:GTLB) develops software for the software development lifecycle in the US, Europe, and the Asia Pacific.

9. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 80

ASML Holding N.V. (NASDAQ:ASML) is one of the 10 AI Stocks Gaining Attention on Wall Street. On July 15, Reuters reported that ASML is all set to report its second-quarter earnings on Wednesday, July 16th. Investors are hopeful that the chip-making equipment supplier has bookings robust enough to support its 2026 growth ambitions.

ASML said previously at an investor event last November that it saw 2026 as a growth year. However, it didn’t mention how much growth it anticipated. According to several analysts, ASML is a “make or break” quarter for the company, which will seemingly determine its course for the rest of the year.

“ASML would need to double our second-quarter order estimates (of 5.3 billion euros) to comfort our 2026 revenue forecast.”

-Barclays analyst Simon Coles told Reuters.

According to a consensus compiled by Visible Alpha, analysts forecast second-quarter bookings to reach 4.44 billion euros and 21.3 billion euros for the full-year.

ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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