In this article, we will be looking at the 10 Best Performing AI Stocks to Buy.
On April 14, Reuters reported that OpenAI’s $852 billion valuation is now being questioned by some of its own backers. This comes as the company shifts its focus toward the enterprise market in an effort to compete more effectively with rivals like Anthropic, according to a report by the Financial Times.
In March, OpenAI raised $122 billion in what could become the largest fundraising round in Silicon Valley history. Despite this, the company has redrawn its product roadmap twice in the past six months. These changes were made in response to growing competition, first from Google and later from Anthropic.
Some OpenAI investors are concerned that these changes in strategy could weaken the company’s position, leaving it vulnerable to Anthropic and a resurgent Google. This comes as OpenAI is preparing for an initial public offering as early as this year. Some industry observers have even suggested that Anthropic’s pace of revenue growth could surpass OpenAI’s within a couple of months.
However, OpenAI’s Chief Financial Officer, Sarah Friar, pushed back against these concerns and said that the indication that investors do not support the company’s strategy is not accurate.
In a statement shared with Reuters, an OpenAI spokesperson also pointed out that the company’s funding round was “oversubscribed, completed in record time and backed by a broad set of leading global investors, reflecting strong conviction in both our direction, current business momentum, and long-term value.”
With this context in mind, let’s take a look at the 10 best-performing AI stocks to buy.
Our Methodology
To compile our list of the 10 best-performing AI stocks to buy, we looked for the largest and most popular AI companies. We reviewed Insider Monkey’s database of prominent AI stocks and various online resources to compile a list of more than 50 AI stocks. Next, we looked for stocks that have gained the most over the past 6 months. Finally, we ranked the 10 best-performing AI stocks to buy based on their 6-month performance as of April 13, 2026. These stocks are also popular among elite hedge funds.
Why do we care about what hedge funds do? 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 Best Performing AI Stocks to Buy
10. Marvell Technology, Inc. (NASDAQ:MRVL)
6-Month Performance: 43.74%
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the best-performing AI stocks to buy. On April 9, Cantor Fitzgerald raised its price target on Marvell Technology, Inc. (NASDAQ:MRVL) from $100 to $120 and maintained its Neutral rating on the stock.
The research firm noted that AI remains a strong theme in the market, while everything else is “not.” However, Cantor Fitzgerald pointed out that the larger question is when investors will move to a more “risk-on” approach after recent reductions in positions. The firm said that with a pause in the Iran conflict and a 15% decline in the semiconductor index (SOC) by the end of the March quarter, it believes that a shift toward risk-taking could happen now or in the near future. Cantor Fitzgerald added that memory and semiconductor production equipment (SPE) companies are expected to benefit first from the risk-on environment. The research firm is also positive on compute, where the demand remains strong despite valuations appearing “disconnected” with reality.
Also on April 9, Barclays upgraded its rating on Marvell Technology, Inc. (NASDAQ:MRVL) from Equal weight to Overweight and raised its price target from $105 to $150. Analyst Tom O’Malley noted that industry checks indicate optical ports should double in 2026 and then double again in 2027.
Based on the firm’s estimates, Marvell Technology, Inc.’s (NASDAQ:MRVL) optical segment could grow by around 90% this year and next, even considering some loss of market share to Broadcom Inc. (NASDAQ:AVGO).
Marvell Technology, Inc. (NASDAQ:MRVL) is an American company that develops and produces semiconductors and related technology for various applications, including AI, data centers, compute, networking, and storage infrastructure.
9. ASML Holding NV (NASDAQ:ASML)
6-Month Performance: 50.13%
ASML Holding NV (NASDAQ:ASML) is one of the best-performing AI stocks to buy. On April 10, UBS named a group of “European Leaders,” which are companies expected to benefit from major structural trends like AI, automation, decarbonization, infrastructure, demographics, and financial reform. These companies are part of UBS’s Global Equity Focus List, which includes its highest-conviction stock ideas based on fundamentals, valuation, and long-term growth potential.
ASML Holding NV (NASDAQ:ASML) is one of the companies on this list. UBS noted that ASML Holding NV (NASDAQ:ASML) has a near-monopoly in EUV technology, which makes it indispensable to AI and high-performance computing growth. The research firm noted that the company enjoys strong pricing power and a long-term demand visibility position, putting it in a strong position for future growth.
Earlier, on April 8, BofA Securities pointed out that it continues to see ASML Holding NV (NASDAQ:ASML) as its top pick in the semiconductor sector. The firm expects the global semiconductor sector to grow significantly and reach a total size of $2 trillion by 2030.
Based on updated estimates, BofA expects ASML Holding NV’s (NASDAQ:ASML) EPS in 2030 to be between EUR 58.4 and EUR 89.5, with a midpoint of EUR 73.2. This suggests a compound annual growth rate of about 23%, supported by solid demand and the company’s strong position in semiconductor manufacturing equipment.
ASML Holding NV (NASDAQ:ASML) is a Dutch company that designs and develops advanced semiconductor equipment systems, including photolithography machines, which are used to produce chips.
8. Bloom Energy Corporation (NYSE:BE)
6-Month Performance: 51.67%
Bloom Energy Corporation (NYSE:BE) is one of the best-performing AI stocks to buy. On April 9, Susquehanna lowered its price target on Bloom Energy Corporation (NYSE:BE) from $176 to $173 and maintained a Positive rating on the stock. The research firm is updating its estimates and price targets for alternative energy stocks ahead of Q1 earnings.
This update comes after Bloom Energy Corporation (NYSE:BE) reported a record revenue of $2.2 billion for the full year 2025. This strong performance was driven by significant growth in the AI data center sector and continued strength in the commercial and industrial (C&I) business. The company also achieved its highest-ever full-year gross margin and saw its product backlog grow 2.5 times compared to the previous year. When Bloom Energy Corporation (NYSE:BE) reported its Q4 and full-year 2025 results, total product backlog stood at around $6 billion.
Earlier, on March 27, Jefferies also reduced its price target on Bloom Energy Corporation (NYSE:BE) from $102 to $97 and kept an Underperform rating on the stock.
The research firm forecasts Q1 to reflect steady execution in line with FY26 guidance. However, Jefferies expects to see limited incremental catalysts. The firm also noted that expectations for Bloom Energy Corporation (NYSE:BE) remain high, “making this uniquely risky.”
Bloom Energy Corporation (NYSE:BE) designs and manufactures fuel cell systems for on-site power generation for data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.
7. Intel Corporation (NASDAQ:INTC)
6-Month Performance: 67.60%
Intel Corporation (NASDAQ:INTC) is one of the best-performing AI stocks to buy. On April 9, TD Cowen increased its price target on Intel Corporation (NASDAQ:INTC) from $50 to $60 and kept its Hold rating on the stock.
Analyst Joshua Buchalter noted that Intel Corporation (NASDAQ:INTC) is in a strong position to benefit in the near term from the changing demand for server CPUs and shortages because it is not dependent on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) for capacity. TD Cowen noted that although Intel Corporation (NASDAQ:INTC) has outsourced some PC components and tiles to Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), its server CPU production is largely done in-house.
The research firm added that Intel Corporation (NASDAQ:INTC) may capture additional server demand thanks to insulation from Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) bottlenecks. TD Cowen pointed out that this depends on the company’s ability to produce more advanced node parts and on customer demand, which has recently leaned more toward older 10/7 generation Intel Corporation (NASDAQ:INTC) products.
Additionally, TD Cowen noted that Intel Corporation (NASDAQ:INTC) is trading at about 63 times its expected EPS for 2027. While the firm sees some recent progress, it still finds the stock’s valuation difficult to justify.
Intel Corporation (NASDAQ:INTC) is an American company that manufactures central processing units (CPUs) and semiconductors.
6. Nokia Oyj (NYSE:NOK)
6-Month Performance: 80.19%
Nokia Oyj (NYSE:NOK) is one of the best-performing AI stocks to buy. On April 9, Jefferies identified a select group of European technology stocks that it believes will outperform in 2026.
The research firm said that “semicap” companies are expected to see a cyclical de-rating after a peak in early 2026. In contrast, analog firms with exposure to industrial and AI markets are entering an upcycle, supported by tight supply and growing prices.
Jefferies pointed out that Nokia Oyj (NYSE:NOK) is expected to re-rate as it improves its position in the AI and cloud markets. This growth is expected to come from its Optical and IP networking businesses. The firm believes that the company could potentially raise medium-term growth expectations, especially as demand for IP switching from hyperscalers increases.
In other news, Nokia Oyj (NYSE:NOK) held its Annual General Meeting on April 9. At the meeting, the Board was authorized to distribute an aggregate maximum of EUR 0.14 per share as a dividend.
Nokia Oyj (NYSE:NOK) is a Finland-based technology company that specializes in telecommunications equipment, AI, networks, and related technologies. The company offers a range of solutions across cloud and network services, mobile networks, and network infrastructure.
While we acknowledge the potential of NOK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOK and that has 100x upside potential, check out our report about the cheapest AI stock.
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