In this piece, we discuss the 10 AI Stocks That Will Make You A Millionaire.
On March 11, Marcus Bodet, co-founder of B.I.G. Capital, appeared on a Schwab Network to discuss the AI buildout, its tailwinds, and the headwinds causing volatility. He noted that the AI buildout is still in its infancy and highlighted that one of the biggest headwinds for AI is the cost of energy. Bodet said that one of the safest bets on AI is infrastructure players, chip makers, and data center providers. However, these players are also the ones most exposed to challenges regarding the energy cost.
Bodet noted that, regardless of the headwinds, top companies including Nvidia, Google, and OpenAI are expected to remain strong in the long-term. Addressing concerns regarding the AI bubble, Bodet highlighted that the market is concerned about the spending loop between big tech companies. However, he elaborated that due to the capital-intensive nature of the AI infrastructure buildout, tech companies have to work together to develop the infrastructure needed for smaller companies to make AI products marketable. He expects more deals and investments from big tech players moving forward.
With that, let’s take a look at the 10 AI Stocks That Will Make You A Millionaire.
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Our Methodology
We sifted through financial media reports to compile a list of AI stocks widely discussed for their potential to make investors millionaires, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 AI Stocks That Will Make You A Millionaire
10. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, NVIDIA Corporation (NASDAQ:NVDA) announced its multi-year strategic partnership with Thinking Machines Lab. The aim of this partnership is to deploy at least 1 gigawatt of Nvidia’s next-generation Vera Rubin systems for Thinking Machines Lab’s frontier model training and customizable AI platforms.
The press release noted that the expected deployment timeline is set for early next year. Moreover, the partnership also includes a collaboration to design training and serving systems for NVIDIA architectures, broadening access to frontier AI and open models for enterprises, research institutions, and scientists.
NVIDIA Corporation highlighted that they have made significant investments in Thinking Machines Lab to ensure long term growth. Both companies share a similar goal of advancing understandable, customizable, collaborative AI systems through research, design, and massive infrastructure to expand human capabilities.
NVIDIA Corporation designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
9. Broadcom Inc. (NASDAQ:AVGO)
Broadcom Inc. (NASDAQ:AVGO) is one of the Best AI Stocks That Will Make You A Millionaire. On March 5, Reuters reported that Broadcom Inc. (NASDAQ:AVGO) forecasted over $100 billion in AI chip sales for 2027. This highlights potential share gain in a market dominated by Nvidia. After the news, the shares of Broadcom rose around 3%.
The report noted that big tech firms, including Meta, Alphabet, Microsoft, and Amazon, have plans to spend more than $600 billion on AI infrastructure. This is expected to grow the demand for semiconductors, servers, storage, and networking. The report noted that Broadcom has a significant edge due to its custom ASICs, which are alternatives to Nvidia’s expensive chips.
According to Reuters, Melius Research said that the company has visibility for more than 10 gigawatts of AI demand from clients like Anthropic and Meta. This scales Broadcom closer to Nvidia and AMD deal volumes.
Broadcom Inc. is a semiconductor and infrastructure software company. It designs and supplies products, including custom chips, networking solutions, and enterprise software used across industries such as cloud computing, telecommunications, and data centers.
8. Lam Research Corporation (NASDAQ:LRCX)
Lam Research Corporation (NASDAQ:LRCX) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, Lam Research Corporation (NASDAQ:LRCX) and IBM announced a partnership to develop processes and materials for sub-1nm logic scaling. The collaboration focuses on novel materials, fabrication, and High-NA EUV lithography.
This deal builds upon more than 10-years of successful collaboration between the two companies. The latest partnership is a 5-year agreement, which targets sub-1nm nodes with advanced etch and deposition, complex architectures, and High-NA EUV for interconnects and device patterning.
Management noted that key areas of collaboration include new material and processes for complex 3D architectures like nanosheets and nanostacks, using Lam’s Kiyo and Akara etchers and Striker and ALTUS depositors to build reliable layers. Moreover, the partnership will also employ Lam’s Aether dry resist to transfer designs into real silicon with high yield.
Mukesh Khare, GM of IBM Semiconductors and VP of Hybrid Cloud, IBM Research, noted:
“Lam has been a critical partner to IBM for over a decade, contributing to key breakthroughs in logic scaling and device architecture such as nanosheet and the world’s first 2nm node chip, unveiled by IBM in 2021.”
Lam Research Corp. is a manufacturer and global supplier of semiconductor processing equipment that is useful for the fabrication of integrated circuits. The company specializes in thin-film deposition, wafer cleaning, plasma etch, and photoresist strip. It also offers products like Da Vinci, DV-Prime, and EOS for wafer cleaning applications.
7. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported revenue data for February 2026.
The company reported February 2026 revenue of approximately NT$317.66 billion, reflecting a 20.8% decrease month-over-month. However, the revenue was up 22.2% year-over-year from NT$260.009 billion in February 2025. Moreover, the revenue from January 2026 to February 2026 came in at NT$718.91 billion, reflecting an increase of 29.9% compared to the same period a year ago.
On March 10, Haas Liu from Bank of America Securities reiterated a Buy rating on the stock with a price target of $470. The analyst cited that while the February revenue figures were softer, they are tracking above the usual seasonal first-quarter patterns. The analyst expects earlier-than-usual orders for consumer semiconductors to carry the momentum throughout the quarter.
Taiwan Semiconductor Manufacturing Company Limited is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
6. Teradata Corporation (NYSE:TDC)
Teradata Corporation (NYSE:TDC) is one of the Best AI Stocks That Will Make You A Millionaire. On March 9, Teradata Corporation (NYSE:TDC) announced adding new features for its Enterprise Vector Store.
Management noted that the new features will help companies use generative AI and autonomous agents. Moreover, the solution works in hybrid, cloud, and on-premises setups. Some of the new features include unstructured integration that automates the ingestion of documents, PDFs, images, and audio. The company noted that video support is also expected to be added soon. Moreover, the company also added hybrid search that mixes semantic, lexical, and metadata techniques, thereby improving the accuracy and context.
The company has also added multi-modal embeddings to handle text, images, and audio. This helps create richer semantics. In addition, embeddings now support up to 8K dimensions, thereby adding accuracy and detail. These new capabilities are expected to be available for customers starting in April 2026.
Teradata Corporation, together with its subsidiaries, provides a connected hybrid cloud analytics and data platform in the US and internationally. The company operates in two segments: Product Sales and Consulting Services.
5. Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ:MSFT) is one of the Best AI Stocks That Will Make You A Millionaire. On March 9, William Blair reiterated an Outperform rating on Microsoft Corporation (NASDAQ:MSFT) without disclosing any price targets.
William Blair analysts noted that the company recently announced Microsoft 365 Copilot Wave 3 updates and the E7 pricing bundle. The firm sees these as steps to turn Copilot into an agentic platform for enterprise workflows and expects Microsoft to grow its enterprise wallet share through AI agents.
Moreover, the firm highlighted in a research note that Copilot Cowork shifts focus from content creation to task execution and workflow control. Moreover, Agent 365 applies Microsoft’s security to AI agents. The firm highlighted that this treats agents like digital employees for governance. William Blair expects the company to expand its enterprise wallet share, driven by platform consolidation and improved market opportunity.
Microsoft Corporation is an American technology company that specializes in AI-powered cloud, productivity, and business solutions. The company develops and markets software, services, and hardware.
4. Accenture plc (NYSE:ACN)
Accenture plc (NYSE:ACN) is one of the Best AI Stocks That Will Make You A Millionaire. On March 5, TD Cowen lowered the firm’s price target on Accenture plc (NYSE:ACN) from $300 to $282, while reiterating a Buy rating. The firm said in a research note that they expect the company’s fiscal Q2 2026 earnings to be stable despite the current market volatility.
The stock has declined more than 22% year-to-date. TD Cowen noted that the AI narrative pressure is overdone and the firm expects the company to post stronger than expected results. The firm also expects the company to raise the lower end of its fiscal 2026 guidance, driven by stable enterprise spending.
The company is expected to release its fiscal Q2 2026 results on March 19. Wall Street expects the quarterly revenue to be around $17.83 billion, along with a GAAP EPS of $2.83.
Accenture plc (NYSE:ACN) provides services and solutions across strategy and consulting, technology, operations, Industry X, and Song.
3. Oracle Corporation (NYSE:ORCL)
Oracle Corporation (NYSE:ORCL) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, Baird analyst Rob Oliver lowered the firm’s price target on Oracle Corporation (NYSE:ORCL) from $300 to $200, while maintaining an Outperform rating on the stock. The analyst noted that they are updating the model ahead of the company’s Q3 results as they expect Oracle to focus on addressing the AI infrastructure uncertainty.
The company posted fiscal Q3 2026 earnings later the same day and topped the Street’s expectations. The stock has gained more than 7.5% since the release (as of 11 Mar, 2:47 pm GMT-4). Oracle grew its quarterly revenue by 21.66% year-over-year to reach $17.19 billion and topped expectations by $281.13 million. The EPS of $1.79 also came in ahead of the consensus by $0.10.
Management attributed growth to an 11% increase in cloud application revenue and 14% increase in Fusion ERP revenue. Notably, the AI infrastructure revenue rose 243% year-over-year, as multicloud database and AI infrastructure experienced strong demand that exceeded supply.
Oracle Corporation is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.
2. Adobe Inc. (NASDAQ:ADBE)
Adobe Inc. (NASDAQ:ADBE) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, TD Cowen analyst Derrick Wood lowered the firm’s price target on Adobe Inc. (NASDAQ:ADBE) from $400 to $325 and maintained a Hold rating on the stock.
The analyst at TD Cowen said in a research note that they updated the firm’s model on the stock ahead of its Q1 2026 earnings. The analyst pointed out that channel checks suggest continued deceleration in growth for the company.
Earlier on March 9, RBC Capital had reiterated an Outperform rating on Adobe Inc. with a price target of $430. The firm expects the company to deliver a solid start to fiscal 2026. The firm is interested in the company’s total annual recurring revenue and any changes in profitability.
The company is set to release its fiscal Q1 2026 earnings on March 12, 2026. Wall Street expects revenue around $6.28 billion along with a GAAP EPS of $4.56.
Adobe Inc. is a global technology company that focuses on digital media and marketing solutions. It offers tools for creating, publishing, and promoting content, and for managing documents. It also operates a platform that allows businesses to measure and monetize customer experiences based on marketing, advertising, and analytics.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN) plans to expand its healthcare AI assistant for customers using its website and app. The company targets streamlining its AI with 30 non-emergency conditions like acne, diabetes, and sleep apnea.
The healthcare AI is capable of explaining results and can answer questions related to medication and symptoms. The AI can also connect patients to healthcare providers if needed. The model was previously available for only One Medical members. Now the customers don’t need to be members and can use the assistant for free.
A spokesperson from Amazon told Reuters that the AI allows customers to give access to medical data, reports, or clinical notes and answers follow-up questions.
Andrew Diamond, chief medical officer at Amazon One Medical, told Reuters:
“Health AI is designed to handle the logistical and informational work that creates friction in healthcare, so patients and providers can spend more time on what matters most.”
Amazon.com Inc. operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.
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