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10 Trending AI Stocks on Wall Street

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According to Nvidia CEO Jensen Huang, the spending boom on artificial intelligence chips is far from over, with the market projected to surge into the multi-trillion-dollar range over the next half-decade.

Indeed, tech giants and startups alike are racing to secure the processors powering the next wave of artificial intelligence, while countries like China are striving to make their own and establish independency.

Despite Huang’s optimism on AI demand, the company’s stock fell after it reported a tepid third-quarter sales forecast that excluded potential revenue from China.

“A new industrial revolution has started. The AI race is on,” Huang said. “We see $3 trillion to $4 trillion in AI infrastructure spend by the end of the decade.”

Moreover, there seems to be some signs of contradiction to Huang’s statements given the signs of fatigue seen in some AI-focused stocks as well as cautionary remarks from industry experts. OpenAI CEO Sam Altman, for instance, has warned recently that investors may be “overexcited” about AI.

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. Serve Robotics Inc. (NASDAQ:SERV)

Number of Hedge Fund Holders: 10

Serve Robotics Inc. (NASDAQ:SERV) is one of the 10 Trending AI Stocks on Wall Street. On August 27, Wedbush analyst Daniel Ives initiated coverage on the stock with an Outperform rating and a price target of $15.00.

The firm believes that the autonomous company has the potential to capitalize on the increasing adoption of AI-driven last mile delivery vehicles.

“We are initiating coverage on Serve Robotics with an OUTPERFORM rating and a $15 price target. In our view, Serve Robotics has established a pioneering autonomous delivery platform that is uniquely positioned to capitalize on the accelerating adoption of AI-driven last mile delivery vehicles.”

Dan Ives said that the company’s platform enables its robotic fleet to safely navigate city streets and sidewalks. It can do this while providing reliable, contactless service and that too, without technical expertise needed from users.

“Serve is positioning itself within the industry by building multiple revenue streams, including delivery, software services, and advertising providing multiple avenues to generate stable top-line growth while capitalizing on increased enterprise desire to automate the commerce industry,” updated Ives. “With plans to grow its autonomous robot fleet to 2,000 by the end of 2025, establish new partnerships, and launch operations in additional cities with favorable regulatory environments, Serve is strongly positioned to gain market share as demand rises for automation, operational efficiency, and sustainable delivery solutions.”

Serve Robotics Inc. (NASDAQ:SERV) designs, develops, and operates low-emission robots.

9. CoreWeave, Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holders: 29

CoreWeave, Inc. (NASDAQ:CRWV) is one of the 10 Trending AI Stocks on Wall Street. On August 27, Cantor Fitzgerald analyst Thomas Blakey initiates coverage on the stock with an Overweight rating and a price target of $116.00.

The firm said its bullish on shares of CoreWeave, with their rating backed by the view of a healthy balance between significant AI market opportunity and dynamic execution risks.

“We believe CoreWeave should benefit from secular growth trends in AI, specifically large language model (LLM) training and inference based usage, as an enabling software-driven AI-focused hyperscaler, comfort in near-term demand/supply imbalance, and competitive differentiation. This relatively unique demand and top-line growth setup in coming years creates longer-term customer concentration, financing, and power-related execution risks that we explore in the report.”

CoreWeave, Inc. (NASDAQ:CRWV) is a cloud platform provider that provides equipment for AI and other computing purposes.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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