A recent Financial Times report has revealed that China’s internet regulator has commanded top technology firms to halt purchases of Nvidia’s artificial intelligence chips and cancel any existing orders. The move comes as part of its push to reduce reliance on U.S. technology and alleviate security concerns.
U.S. administrations have been consistently extending efforts to restrict China’s access to advanced chips. This has in turn prompted Beijing to urge domestic firms to boost the country’s semiconductor industry and use internally designed chips.
According to the report, the fresh ban is stronger than the earlier guidance from regulators focusing on the H20, the previous version of Nvidia’s China-tailored AI chip.
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.
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. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders: 29
CoreWeave, Inc. (NASDAQ:CRWV) is one of the 10 AI Stocks Making Headlines This Week. On September 16, Citizens JMP upgraded the stock to “Outperform” from Market Perform.
The firm believes that investors are not aware enough of how the firm generates its revenue. This is why the stock is misunderstood.
Moreover, analyst Greg Miller sees accelerating hyperscale outsourcing in the GPU-as-a-Service (GPUaaS) market. He pointed to Oracle’s $450 million record RPO and Microsoft’s reported $17 billion contract with Nebius as an indication of this trend.
“We are upgrading shares of CoreWeave to Market Outperform from Market Perform and establishing a price target of $180, which represents multiples of ~6.0x and 22.0x on estimated 2027 revenue and operating profit, respectively, well below Oracle’s whose success is largely driven from an identical source.”
CoreWeave, Inc. (NASDAQ:CRWV) is a cloud platform provider that provides equipment for AI and other computing purposes.
9. Bloom Energy Corporation (NYSE:BE)
Number of Hedge Fund Holders: 44
Bloom Energy Corporation (NYSE:BE) is one of the 10 AI Stocks Making Headlines This Week. On September 16, Morgan Stanley analyst David Arcaro increased his price target on the stock to $85 from $44 while maintaining an Overweight rating.
The rating affirmation is driven by the growing potential in the AI data center power market. In the research note, analysts have highlighted Bloom’s recent agreement to supply fuel cells to Oracle’s AI data centers.
Oracle’s significant bookings reflect the surge in demand for computing capacity, which is turn intensifying power supply needs.
“Bloom has an attractive partner in Oracle, and the company is among the only players able to increase its manufacturing quickly.”
-David Arcaro, analyst at Morgan Stanley
According to Arcaro, Bloom is now “favorably positioned for success in powering AI data centers” among extremely strong data center power demand. Moreover, tightening power supply means longer delays for grids and alternative approaches but Bloom stands out owing to its flexible manufacturing.
The fuel cell company boasts the potential to double capacity within six months and ship products on a short turnaround.
The analyst pointed out that the potential power shortfall exceeds 40 GW in the coming years, outstripping Bloom’s current 1 GW annual capacity. This signals immense opportunity for growth. Overall, Arcaro believes that Bloom has the potential to become “a much bigger player in the power landscape.”
Bloom Energy Corporation (NYSE:BE) develops solid-oxide fuel cell systems for on-site power generation, helping meet the growing energy demands of AI data centers.
