US President Donald Trump has signed a “Genesis Mission” order on Monday, a government-wide effort to build an integrated artificial intelligence platform to leverage federal scientific datasets to train next-generation technologies.
The White House said the mission strives to harness massive government scientific datasets “to train scientific foundation models and create AI agents to test new hypotheses, automate research workflows, and accelerate scientific breakthroughs.”
Under the effort, Trump has directed both the U.S. Energy Department and U.S. National Laboratories “to unite America’s brightest minds, most powerful computers, and vast scientific data into one cooperative system for research.”
According to Michael Kratsios, head of the White House Office of Science and Technology Policy, the Genesis Mission strives to use AI to “automate experiment design, accelerate simulation and generate predictive models for everything from protein folding to fusion plasma dynamics. This will shorten discovery timelines from years to days or even hours.”
Trump anticipates several computing partnerships to stem from this project, and has already announced agreements with big names such as Nvidia and Dell.
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. Baidu, Inc. (NASDAQ:BIDU)
Number of Hedge Fund Holders: 33
Baidu, Inc. (NASDAQ:BIDU) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, JP Morgan upgraded the stock to “Overweight” from Neutral and raised its price target to $188.0 from $110.0. The firm is optimistic on BIDU, noting how AI and cloud are changing the narrative and becoming primary growth engines and value drivers for BIDU.
According to analyst Alex Yao, market is currently underestimating the transition and that investors should buy into the stock now to capture the valuation rerating. Moreover, he noted that Baidu’s cloud revenue growth may accelerate to around 61% in 2026, as compared to 23% in 2025. This acceleration is driven by a surge in sales of Kunlun AI chips.
” With our estimates showing Baidu’s cloud revenue growth accelerating to ~61% in 2026 (vs. ~23% in 2025) thanks to a 6x surge in Kunlun chip sales, and a SOTP valuation framework attributing ~$34B to cloud (~53% of our target price), we believe the market is underestimating this transformation.”
The analyst further noted how domestic demand for AI compute in China remains intense and that hyperscalers are sourcing from local providers even more. That said, it believes that the Kunlun AI chips is best positioned and anticipates chip sales to increase six-fold.
“In addition, we expect GPU compute revenue to maintain triple-digit growth given enterprise mania for model training, fine-tuning and inference. With such infrastructure momentum, we expect Baidu cloud revenue growth of ~61% in 2026, accelerating from ~23% in 2025. This fundamental shift supports our move to a dedicated SOTP valuation. We value Baidu cloud at ~$34B or ~$100 per share, based on 6x 2026E revenue for cloud ex-Kunlun chip sales and 15x 2026E revenue for Kunlun chip.”
Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet giant and AI pioneer, known for its noteworthy investments in artificial intelligence technology and its position as the dominant search engine within the country.
9. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 76
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, HSBC initiated coverage on the stock with a “Hold” rating and an $85 price target. The firm holds a neutral view on Marvell as it believes that Marvell is an “important AI player,” but lacks conviction as compared to stronger competitors.
According to analyst Frank Lee, Marvell may be bullish on its ASIC strategy but Broadcom has clearer ASIC momentum heading into the next cycle.
“Marvell is emerging as an important AI player, driven by its ASIC and optical business. We cover it from Asia as 70%-plus of its revenue comes from the region.”
The firm believes that the ASIC story is not matching expectations for Marvell. Hyperscalers’s rising capex usually implies more demand for ASIC chips. That said, the increase in hyperscaler capex forecasts should boost ASIC’s share of that capex to rise to 13% in 2027e.
Marvell may be optimistic about its ASIC plans, but analysts don’t feel the same optimism.
“While Marvell is bullish about its ASIC strategy, we don’t share its optimism. We expect Marvell’s key rival Broadcom to benefit the most as its ASIC roadmap has greater visibility. Marvell’s share price is down 26% y-t-d, while Broadcom’s is up 53% (vs S&P500: +13%).”
Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors, focusing heavily on data centers.
8. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders: 94
Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, Morgan Stanley reiterated the stock as “Overweight” and lifted its price target to $338 from $325. The firm has named Micron as its “Top Pick.”
The raised price target reflects “intensifying shortages across the board” in memory markets.” Memory stocks have sold off lately amid growing concerns about higher capital spending.
However, the firm argued that the recent selloff in semiconductor stocks doesn’t seem “warranted” as tightening memory supply points signal robust earnings ahead.
According to analyst Joseph Moore, memory market conditions are improving with the most pressure in DDR5 DRAM. Tightness has reached a point where “there is an active sense of crisis that product is not available at any price.”
Even though consumer-grade NAND isn’t as constrained, the firm is noticing “a generational tightness across all areas.”
“Raising MU CY26 EPS 15%, moving PT from $325 to $338.”
Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.
7. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders: 100
Snowflake Inc. (NYSE:SNOW) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, Jefferies raised the firm’s price target on the stock to $300 from $270 and kept a “Buy” rating on the shares. The price target raise reflects optimism stemming from the firm’s proprietary survey which indicates robust AI-driven demand for SNOW.
According to the firm, positive indicators for the stock include pipeline strength and partner growth outlooks. The firm has deemed SNOW as its “Top Pick” poised for robust performance in the second half of the year.
“Our proprietary SNOW survey indicates robust demand (pipeline, partner growth outlooks) with AI as the primary driver of incremental growth. We continue to favor SNOW as a Top Pick and believe the company is poised for a strong F2H on positive checks, growing AI adoption, easing comps, and a conservative guide. Buy, PT to $300 (implies 16× CY27 rev).”
Overall, the firm is confident on SNOW supported by robust AI adoption and partner momentum that are reinforcing confidence in its growth trajectory.
Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform.
6. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 115
Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, Melius reiterated the stock as “Buy,” with analyst Rob Wertheimer noting how the firm has recently deemed Tesla as a “must own” because “the world is about to change, dramatically.” The firm believes that Tesla remains a step ahead of peers.
“Autonomy is coming very soon, and it will change everything about the driving ecosystem … We believe the next five years will see hundreds of billions in value shift, from a collection of soon to be struggling or even obsolete companies, to Tesla.”
– Melius analyst Rob Wertheimer
The firm noted how Tesla’s spark recently is its latest iteration of full self-driving (FSD) software, version 14.1.7. The transition to a vision-only system, in combination with immense amounts of compute to train the system, has made it much better.
Earlier, Piper Sandler also came away impressed with Tesla’s FSD v14 following a flawless robo taxi test. Deeming it as a “truly impressive product”, the firm noted how investors should try the FSD v14, and that it drives better than the average American.
Wertheimer from Melius believes that other legacy automakers are unable to compete with Tesla on an innovation and cost perspective.
“Over the past decade and even up to a year or two ago, we assumed others could catch up quickly, making for a short duration moat, even if Tesla got there first,” he said. “Now we are not quite so sure, as strategic choices made years ago seem to be working well for Tesla and less so for others.”
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.
5. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 156
Apple Inc. (NASDAQ:AAPL) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, JPMorgan reiterated the stock as “Overweight” stating how their checks show lead times for Apple’s iPhone are tracking higher.
“In Week 11 of our Apple Product Availability Tracker, lead times across the iPhone 17 series moderated by three days, which is higher than the unchanged lead times from Wk10 to Wk11 in the prior year”.
The firm believes that this is likely due to “improving supply catchup relative to demand which has been running at a higher differential relative to prior years already.”
Similarly on November 21, UBS reiterated the stock as “Neutral” citing elevated wait times for the iPhone.
According to UBS Evidence Lab data, which tracks iPhone availability across 30 geographies, wait times continue to tick lower week over week for the Base and Pro Max on average, even though both remain higher as compared to last year.
Apple is a technology company known for its consumer electronics, software, and services.
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 219
Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, BNP Paribas Exane initiated coverage on the stock with an “Outperform” rating and a $355.00 price target. Analyst Nick Jones sees GOOGL as an AI and Cloud leader.
The analyst highlighted how Google boasts a “dominant position in Search, a leading video ad platform in YouTube, and expanding cloud computing business with Google Cloud.”
The firm noted how shares have begun to recover for Alphabet after a period of regulatory hurdles and competitive pressures.
“After a period of pressure from regulatory overhangs, increasing competition in search and advertising, and lack of clarity on its long-term AI positioning, GOOGL shares have begun to recover – and we see more room for multiple expansion as the company demonstrates its AI prowess. Initiate at O/P, $355 TP.”
Looking ahead, the firm believes that two primary catalysts may drive Alphabet shares even higher. These are Google Advertising outperformance and stronger-than-expected cloud growth.
Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, Bernstein reiterated the stock as “Outperform,” saying that it is sticking with the AI chipmaker. The firm believes that it is still one of the top stocks to own with meaningful upside potential.
“The datacenter opportunity is enormous, and still early, with material upside still possible.”
Post Nvidia results, the firm reiterated an Outperform on the stock and raised the price target to $275 from $225. Analyst Stacy Rasgon noted how CEO Jensen Huang’s commentary has been crucial in restoring confidence amidst AI bubble fears.
The firm believes that Nvidia’s results and reaffirmed “off the charts” AI demand from Jensen will offer investors renewed belief in the “stronger for longer” AI cycle.
“We believe investors were anticipating a good guide given the positive newsflow in the AI space recently (capex trends, partnership announcements, sovereign deals etc). And yet, AI stocks have taken a breather recently on the back of sustainability and “bubble” fears. Hence, more than just good numbers, we believe investors needed some hand-holding from Jensen which he provided in spades given his comments around “off the charts” demand, commentary on the company’s competitive positioning and roadmap, and stark reaffirmation of the likely revenue (and margin) trajectory next year which will probably give investors more confidence to underwrite a “stronger for longer” outlook for AI demand.”
NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 294
Microsoft Corporation (NASDAQ:MSFT) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, Jefferies maintained its Buy rating on the stock with a $675.00 price target. The firm maintains a bullish stance on Microsoft driven by accelerating Copilot rollout, early AI agent adoption, and cloud positioning driving continued upside.
Firm analysts note how Copilot, Microsoft’s AI-powered chat assistant, has matured and is now accelerating. Deployments are now transitioning from gradual to enterprise-wide rollouts across Microsoft’s customer base.
Meanwhile, AI agents have begun to emerge but remain in the first half of 1st innings in terms of market maturity.
“Our key takes: Copilot adoption is accelerating, as product has matured, moving from gradual to enterprise-wide rollouts. Agents are emerging, but still early – 1st half of 1st inning. AI is driving growth in non-AI workloads, though MSFT faces capacity constraints. Strong core cloud demand continues with MSFT capturing share of migrations due to its end-to-end platform.”
Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Hot AI Stocks to Keep on Your Radar. On November 24, BNP Paribas Exane initiated coverage on the stock with an Outperform rating and a $320.00 price target.
The firm believes that AMZN enjoys strong leadership in cloud, ecommerce, and ad growth; and that AI underinvestment concerns are overblown.
Amazon is well positioned to maintain its leadership across cloud computing and e-commerce sectors, and it holds significant growth potential in advertising. Besides these tailwinds, the firm also noted how underinvestment concerns for Amazon in artificial intelligence are overblown.
“We see concerns around underinvestment in AI as overblown, given the company’s ongoing buildout of AI infrastructure, model integration across AWS, and deployment within its consumer ecosystem. We are initiating coverage of Amazon with an Outperform rating and a $320 TP.”
Overall, the firm believes Amazon is the most robust business within its e-commerce coverage characterized by several levers for growth e.g. retail, AWS, ads.
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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