The AI Gain Act, or the Guaranteeing Access and Innovation for National Artificial Intelligence Act, is a proposed US law requiring that US chipmakers give priority to domestic orders for advanced processors before they supply them to foreign customers.
Supporters of the law claim that the Act will help the US maintain its competitiveness and national security. However, AI chipmaker Nvidia thinks otherwise. According to the company, this act would restrict global competition for advanced chips.
It also noted that it may have similar effects on the U.S. leadership and economy as the AI Diffusion Rule which had previously limited the computing power countries could have.
“We never deprive American customers in order to serve the rest of the world. In trying to solve a problem that does not exist, the proposed bill would restrict competition worldwide in any industry that uses mainstream computing chips,” an Nvidia spokesperson said.
The AI GAIN Act and similar rules have been efforts by the US to put forward their own needs. However, the enforcement of such an act would mean new trade restrictions for exporters, further complicating the system.
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. UiPath Inc. (NYSE:PATH)
Number of Hedge Fund Holders: 42
UiPath Inc. (NYSE:PATH) is one of the 10 Buzzing AI Stocks on Wall Street. On September 5, DA Davidson analyst Lucky Schreiner assumed coverage on the stock with a Neutral rating and a price target of $12.00 (from $14.00).
The coverage initiation follows PATH’s strong second-quarter fiscal 2026 results, with a larger than typical annual recurring revenue (ARR) beat and better-than-expected guidance.
The company’s previous go-to market changes are helping it land higher quality customers, who are currently experimenting with Agents.
“With this note, we are transitioning coverage of UiPath with a NEUTRAL rating and $12 price target. UiPath reported strong 2Q26 results with a larger than typical ARR beat while providing a better than expected guide sending shares higher after hours. Past go-to-market changes are helping drive pipeline growth and allowing UiPath to land higher quality customers. Customers are experimenting with Agents and management sounds incrementally positive. However, we are waiting to see more consistent execution before getting comfortable with the upside to growth.”
UiPath Inc. (NYSE:PATH) is a well-known software as a service (SaaS) enterprise that develops AI-powered automation platforms to help businesses transform their operations.
9. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders: 60
Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the 10 Buzzing AI Stocks on Wall Street. On September 4, Morgan Stanley analyst Erik Woodring reiterated an Overweight rating on the stock with a $28.00 price target following its latest quarterly report.
According to the firm, HPE’s results have been “largely as-expected” with modest revenue beat and some margin variability. October guidance was in-line to slightly ahead of consensus estimates, including a full quarter of Juniper Networks results.
“Tonight’s results were largely as-expected – modest topline upside, some noise around margins, but an October guide that was in-line to slightly better than Consensus, inclusive of a full quarter of JNPR results. Underlying this performance/guide was solid execution across segments, a key factor we wanted to see after a few quarters of mixed results, better than expected end-market demand commentary, and faster-than-expected mix shift to Networking, which accounted for 46% of operating income this quarter despite just 1 month of JNPR contribution.”
The firm discussed how AI sever margins were concerning due to a single large deal in the quarter and not because of some underlying structural issue. Overall, the firm believes that HPE’s earnings report has been a “small step in the right direction,” and the company did what it needed to do (execute).
“HPE’s next catalyst – October 15th Analyst Day (SAM) – should prove to be more important as we’ll get more detail on long-term growth targets, multi-year margins/a long-term synergies update, capital allocation and FCF margins, all of which play an important role in shifting sentiment and driving multiple expansion from here.”
Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads.
8. ASML Holding N.V. (NASDAQ:ASML)
Number of Hedge Fund Holders: 78
ASML Holding N.V. (NASDAQ:ASML) is one of the 10 Buzzing AI Stocks on Wall Street. On September 4, Barclays analyst Simon Coles raised the price target on the stock to EUR680.00 (from EUR650.00) while maintaining an Equal Weight rating.
According to the firm, ASML has had years of double-digit growth. However, this may be the second year of minimal growth for the company. It is faced with several uncertainties due to customer dynamics, as noted by analysts in a research note.
ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing.
7. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 115
Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Buzzing AI Stocks on Wall Street. One of the biggest analyst calls on Friday, September 5, was for Tesla. Bank of America reiterated the stock as “Neutral,” stating that Tesla still has huge strides to make in its robotaxi rollout.
“With EV demand likely to be soft over the next few quarters, we think TSLA will need to make significant strides in its Robotaxi rollout and its eventual start of production of Optimus to reassure investors of the long term story.”
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.
6. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 121
Salesforce, Inc. (NYSE:CRM) is one of the 10 Buzzing AI Stocks on Wall Street. On September 4, KeyBanc analyst Jackson Ader lowered the price target on the stock to $400.00 (from $440.00) while maintaining an Overweight rating.
According to the firm, there is a persistently negative narrative surrounding the application software sector which also seems to be impacting Salesforce shares regardless of the company’s actual performance.
It further noted how throughout the recent earnings season, software companies were facing downward pressure regardless of their reported results.
“Stocks are not companies and companies are not sectors, but it feels to us like the shares of Salesforce are the linear embodiment of the application software sector. No matter what the current state of the Company, the narrative is negative and just about impossible to disprove. We are wrapping up an earnings season where it almost didn’t matter what the results were, weakness was to follow. When the terminal value is being questioned, a point of constant currency outperformance in the quarter simply isn’t the answer.”
Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce.
5. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 124
Oracle Corporation (NYSE:ORCL) is one of the 10 Buzzing AI Stocks on Wall Street. On September 5, Mizuho reiterated the stock as a “Top Pick” and added the stock to its top pick list. The firm is bullish on the company’s surging AI momentum and differentiated cloud infrastructure.
“Oracle to Cement Its Position as 4th Hyperscaler with Focus on Enterprise: OCI [Oracle Cloud Infrastructure] should continue to deliver impressive growth as it 1) migrates on-prem workloads to the cloud, 2) attracts more multi-cloud customers, and 3) wins more cloud-native customers.”
Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.
4. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 156
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Buzzing AI Stocks on Wall Street. On September 5, KeyBanc analyst John Vinh raised the price target on the stock to $400.00 (from $330.00) while maintaining an Overweight rating.
Shares of the stock soared on Friday after the company announced on its earnings call that it has secured a new $10 billion customer. According to Broadcom CEO Hock Tan, a fourth large customer had put in orders for $10 billion in custom artificial intelligence chips, known as XPUs.
“One of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs.”
-Hock Tan
Analysts at Keybanc believe that the new customer is AI startup OpenAI.
“Fourth AI Customer Expected to Add an Incremental $10B in FY26; AVGO reported strong F3Q (July) results and guided F4Q (October) higher. Upside was driven by strong AI semi revenues and VMW. In F3Q, AI semis grew 63% y/y to $5.2B vs. +46% y/y last quarter and is expected accelerate to +66% y/y in F4Q. Most notably, AVGO indicated it has secured orders for a fourth AI customer, which we believe is Open AI, in addition to (Google, META, ByteDance), with revs expected to contribute an incremental $10B in FY26 (October). As such, we’re raising our forward estimates meaningfully and our PT to $400. We’re impressed by the addition of a fourth AI customer and remain OW. Finally, Hock Tan indicated he’ll continue as CEO through 2030 at least.
Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 219
Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Buzzing AI Stocks on Wall Street. On September 5, Bank of America reiterated the stock as “Buy” and stated that Alphabet remains “Apple’s most logical search partner.”
“With Gen-AI, Search is transforming into a multimodal assistant and voice search could be the next frontier, embedding AI (and agents) more seamlessly into daily routines. Google already benefits from a distribution on iOS and the potential deal will further extend Gemini reach into Apple devices, potentially driving billions of additional queries as AI capabilities grow the market.”
Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Buzzing AI Stocks on Wall Street. One of the biggest analyst calls on Friday, September 5, was for Nvidia Corporation. Jefferies reiterated the stock as “Buy,” stating that the stock remains on the franchise picks list.
“The rapid proliferation of AI demand continues with leaders from across the industry offering commentary indicating significant compute supply shortages. Given NVDA’s position as the dominant supplier of AI accelerators within AI data centers, we remain bullish on shares.”
NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Buzzing AI Stocks on Wall Street. On September 4, Barclays analyst Ross Sandler reiterated an Overweight rating on the stock with a $275.00 price target.
The firm looked at the math on how well Amazon Web Services is growing from AI workloads compared to non-AI workloads, with particular focus on Anthropic’s contribution to AWS revenue.
It revealed that currently, Anthropic is only adding an estimated 100 basis points to AWS growth in Q2 2025. However, once Claude 5 training and existing inference revenues kick in, it has the potential to increase to 400 basis points per quarter. This is, assuming most of the training continues on Anthropic.
While AWS is generating meaningful revenue from Anthropic, their tie-up looks a bit shaky. Moreover, AI adoption beyond a few big names is yet to materialize.
“Anthropic’s API business generates around $1.6B in inference revenue for AWS in 2025 as the start-up’s ARR ramps to $9B from $1B throughout the year. This also assumes that Anthropic hangs on to most of the AI IDE revenue flowing through its API business; the fact that Cursor flipped “default” to OpenAI’s GPT-5 API recently may challenge the sustainability of this revenue stream. There have also been some grumblings in the industry around accessing Anthropic models through AWS Bedrock, a sign that the AWS/Anthropic relationship could be fraying somewhat. All this horse trading is important as a few huge AI labs (OpenAI and Anthropic) are generating the bulk of AI revenue for the hyperscalers today, and the “broadening out” deployment stage has yet to really materialize in ’25, as noted on AMZN’s recent conference call.”
Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.
While we acknowledge the potential of AMZN as an investment, 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 AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.
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