According to Nvdia CEO Jensen Huang, the demand for AI computing has grown substantially as artificial intelligence models become more advanced and redefine how enterprises and societies at large interact with technology.
“This year, particularly the last six months, demand of computing has gone up substantially.”
– Huang said on CNBC’s “Squawk Box.”
The AI chipmaker CEO noted that while AI reasoning models may be using enormous amounts of computing power, their demand is also accelerating considering how good the results are.
“The AIs are smart enough that everybody wants to use it,” the CEO said. “We now have two exponentials happening at the same time.”
Pointing to Blackwell, Nvidia’s graphics processing unit (GPU) microarchitecture delivering faster AI, better graphics, and energy-efficient performance, Hunag noted that its demand is really high.
“Demand for Blackwell is really, really high,” he said of Nvidia’s most advanced graphics processing unit. “I think we’re at the beginning of a new buildout, beginning of a new industrial revolution.”
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. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 57
International Business Machines Corporation (NYSE:IBM) is one of the 10 Trending AI Stocks on Wall Street’s Radar. On October 7, IBM leveraged its annual event for developers and technologists, TechXchange 2025, to unveil advancements across software and infrastructure that support productivity for developers, lines of business and infrastructure.
The TechXchange event serves as a platform for IBM to unveil the latest advancements in agentic AI, hybrid cloud, quantum computing and intelligent infrastructure.
A key highlight were updates made to the watsonx Orchestrate, a generative AI and automation solution by IBM that automates tasks and simplifies complex processes.
The company also unveiled AgentOps, a monitoring and governance system for AI agents within watsonx Orchestrate. Through the platform, agentic workflows allow developers to create standardized and reusable processes for sequencing multiple agents and tools. IBM also mentioned adding the Langflow integration so that users can build agents through a visual drag-and-drop interface.
It also intends to extend AI capabilities to mainframe systems through watsonx Assistant for Z. This will help automate operational processes while maintaining security compliance on IBM Z systems.
It also introduced Project Infograph, a unified infrastructure management system, as well as Project Bob, which is an AI-integrated development environment currently in private tech preview.
“AI productivity is the new speed of business. These features will help clients remove bottlenecks across their entire technology lifecycle. With these enhancements across our portfolio, we’re giving customers capabilities that take developer productivity, agentic orchestration and infrastructure intelligence to the next level.”
-Dinesh Nirmal, Senior Vice President of Products, IBM Software.
International Business Machines Corporation (NYSE:IBM) is a multinational technology company and a pioneer in artificial intelligence, offering AI consulting services and a suite of AI software products.
9. Autodesk, Inc. (NASDAQ:ADSK)
Number of Hedge Fund Holders: 73
Autodesk, Inc. (NASDAQ:ADSK) is one of the 10 Trending AI Stocks on Wall Street’s Radar. On October 6, RBC Capital analyst Matthew Hedberg reiterated an Outperform rating on the stock with a $380.00 price target. The rating affirmation came ahead of the company’s analyst event.
Autodesk’s analyst event took place on October 7th in San Francisco. According to the firm, Autodesk had already disclosed during its second-quarter earnings call about its fiscal year 2029 operating margin target of 41%, or 45% on an underlying basis.
In this regard, it noted that the investor day would help understand its various market drivers. One of the main focus of the event is its AI vision, the analysts noted.
Following the analyst day, firms such as Piper Sandler reaffirmed their bullish outlooks based on their confidence in the company’s growth and profitability strategy.
Autodesk, Inc. (NASDAQ:ADSK), a multinational software corporation, leverages generative AI technology to drive innovation across the design, construction, manufacturing, and entertainment industries.
