Meta, one of AI chip maker Nvidia’s key customers, is reportedly holding discussions with Google to use its tensor processing units for its data centers. Shares of the AI leader fell in response to the news, sparking Wall Street’s concerns that its dominance of AI infrastructure may be threatened by Google’s AI chips.
Nvidia, however, said it is delighted by the news.
“We’re delighted by Google’s success — they’ve made great advances in AI and we continue to supply to Google. NVIDIA is a generation ahead of the industry — it’s the only platform that runs every AI model and does it everywhere computing is done.”
BofA analayst Vivek Arya believes Nvidia will still likely dominate the market, albeit at a 75% market share from the estimated 85% it currently holds.
Google’s in-house chips have been garnering increasing attention as a feasible alternative to the Blackwell chips, albeit expensive. Google currently doesn’t sell its TPU chips but it uses them for internal tasks and rents them through Google Cloud.
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 Q2 2025.
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10. Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders: 54
Dell Technologies Inc. (NYSE:DELL) is one of the 10 AI Stocks Making Headlines on Wall Street. On November 26, Goldman Sachs raised its price target on the stock to $185 from $175 while maintaining a “Buy” rating. The price target raise follows Dell’s improved fiscal 2026 earnings guidance, stronger AI server demand, and improved margin trajectory.
Firm analysts noted how Dell raised its F2026 EPS outlook to $9.82-$10.02 driven by stronger-than-expected EBIT growth. Its Infrastructure Solutions Group (ISG) segment also beat and improved margins, while AI server demand also improved across Tier 2 CSPs, as well as higher-margin neocloud and sovereign customers.
“AI server demand improved across Tier 2 CSPs and higher-margin neocloud and sovereign customers, with (a) AI server orders accelerating to $12.3 bn (v. $5.6 bn in F2Q26); and (b) AI server margins improving sequentially.”
Dell has improved its F2026 ISG revenue outlook to the mid-to-high 30s% range and raised its F26 AI server outlook by $5billion to $25billion. The company also anticipates ISG margins to improve further, driven by continued traditional server refresh and a richer mix of its Dell-IP storage portfolio.
CSG revenue and margins missed due to consumer revenue weakness (-7% yoy), offsetting commercial revenue growth (+5% yoy). However, analysts noted how DELL anticipates to continue benefitting from the ongoing PC refresh cycle and Windows 11 upgrades.
Goldman Sachs also highlighted that DELL has reassured investors about commodity inflation, noting it can recover two-thirds of cost increases within 90 days with its strong supply-chain leverage.
Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.
9. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 66
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the 10 AI Stocks Making Headlines on Wall Street. On November 25, DA Davidson raised its price target on the stock to $580 from $515 while maintaining a “Buy” rating. The PT raise comes ahead of CRWD’s Q3 results due next week, with analysts expecting a strong beat & raise for the quarter.
According to the firm, Crowdstrike will likely deliver a strong quarter driven by continued momentum in net new annual recurring revenue (NNARR). This will likely boost investor confidence in Crowdstrike delivering the targeted 20% y/y growth in FY27.
Analysts noted how shares have outperformed the iShares Expanded Tech-Software Sector ETF (IGV) by an estimated 23% since the company’s September Investor Day “even after the recent pullback in step with the market & valuation remains frothy vs. comps.”
“We are thus unsure if results will be enough to catalyze shares near-term, but we remain BUY rated & are raising our PT from $515 to $580 as we remain very bullish on the CRWD story over the long term.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection.
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