In this article, we will list the 5 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio. Please visit 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio if you’d like to see the extended list and the methodology behind it.
5. Chime Financial, Inc. (NASDAQ:CHYM)
Market value of shares owned: $38,913,729
% of portfolio: 7.28%
Chime Financial, Inc. (NASDAQ:CHYM) is one of the 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio.
Glen Kacher of Light Street Capital
In early June, Chime Financial, Inc. (NASDAQ:CHYM) unveiled its future growth roadmap at the William Blair Growth Stock Conference. Following its achievement of GAAP profitability in Q1 2026, the company announced it is pursuing an expansive $425 billion U.S. total addressable market. The company intends to sustain momentum and accordingly has raised its full-year 2026 outlook, projecting 22% to 23% revenue growth and full-year GAAP profitability. For strategic expansion, the company relies on AI-driven efficiency in consumer finance via its Archimedes software factory and the upcoming rollout of its 2026 product pipeline, including Jade AI co-pilot, joint accounts, and Chime Invest platforms.
Prior to this, in a separate development, Chime Financial, Inc. (NASDAQ:CHYM) together with Invest America launched the Compound Combine series, a football-drill-themed initiative providing wealth-building education, on May 29, 2026. With the program, the company aimed to increase financial literacy and awareness. Luke Pettit, Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury, participated in the event and gave the following comment.
Financial literacy fuels the American Dream and helps secure our nation’s future. As we approach America’s 250th anniversary, ensuring the next generation can participate in our nation’s prosperity is more important than ever.
Founded in 2012, Chime Financial, Inc. (NASDAQ:CHYM) is a fintech company headquartered in California. The company offers digital banking services such as checking accounts, payment solutions, credit-building products, and mobile financial tools through partner banks.
4. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Market value of shares owned: $44,602,231
% of portfolio: 8.35%
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio.
On July 6, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) revealed a collaboration with Micro Center, a computer parts retailer. Through the collaboration, the company initiated the global launch of Ryzen AI Halo, a compact system that can run AI models with up to 200 billion parameters locally. Jack Huynh, SVP and general manager, Computing and Graphics Group, Advanced Micro Devices, Inc. (NASDAQ:AMD) stated:
With Ryzen AI Halo now shipping, developers have a powerful new platform to build the next era of agentic AI – the performance for ambitious workloads, the memory for larger models and the flexibility to move from idea to implementation without compromise.
In a separate move, Wells Fargo raised the price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) from $505 to $615 on June 30, 2026. The firm’s analyst maintained an Overweight rating on the stock. Wells Fargo cited raised estimates for AMD, driven by strong EPYC server CPU demand in addition to pricing upside. The firm maintains data center GPU forecasts above the Street consensus, increasing the 2027 and 2028 EPS projections to $13.40 and $18.75. Representing a market value of $44,602,231, Advanced Micro Devices, Inc. (NASDAQ:AMD) accounts for 8.35% of Glen Kacher’s Light Street Portfolio.
Founded in 1969, Advanced Micro Devices Inc. (NASDAQ:AMD) is a world-leading semiconductor company specializing in high-performance computing and graphics solutions. Based in California, the company is a formidable competitor in the AI accelerator market with its Instinct MI300 and newer series GPUs.
3. Broadcom Inc. (NASDAQ:AVGO)
Market value of shares owned: $46,364,598
% of portfolio: 8.68%
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio.
On June 29, 2026, Broadcom Inc. (NASDAQ:AVGO) saw notable insider selling with the company’s Chief Legal & Corporate Affairs Officer, Mark Brazeal, parting with $9.7 million in stock at $387 per share. The sales reduced Mark’s stake by 17%. Over the past year, insider sales in Broadcom Inc. (NASDAQ:AVGO) have outpaced purchases, led by President Hock Tan’s $50 million divestment at $337 per share. However, even amid the net outflows, the company’s total insider ownership remains significant at 1.1%, representing approximately $20 billion in equity.
Prior to this, on June 24, 2026, OpenAI, together with Broadcom Inc. (NASDAQ:AVGO) unveiled “Jalapeño,” OpenAI’s first custom Intelligence Processor designed for large language model inference. The accelerator was co-developed in under nine months and aims to exceed the current state-of-the-art performance-per-watt efficiency. Hock Tan, President and CEO at Broadcom Inc. (NASDAQ:AVGO), gave the following statement:
By co-developing our industry-leading silicon directly with OpenAI, we are enabling the deployment of gigawatt scale data centers with Microsoft and other partners beginning in 2026.
The global technology company, Broadcom Inc. (NASDAQ:AVGO), designs, develops, and supplies a broad portfolio of semiconductor and infrastructure software products. Initially established in 1961 as a division of Hewlett-Packard, it now operates as a combined entity following a 2016 acquisition. The company has its headquarters in California.
2. NVIDIA Corporation (NASDAQ:NVDA)
Market value of shares owned: $47,474,122
% of portfolio: 8.89%
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio.
On July 6, 2026, NVIDIA Corporation (NASDAQ:NVDA) expanded its partnership with Hugging Face to integrate its Isaac GR00T 1.7 foundation model and Isaac Teleop framework into the open-source LeRobot library. The collaboration connects NVIDIA Corporation’s (NASDAQ:NVDA) three million robotics developers with Hugging Face’s AI community, providing open access to standardized data collection and simulation workflows. Plans are also underway to integrate the company’s upcoming Cosmos 3 physical AI world model.
On the same day, NVIDIA Corporation (NASDAQ:NVDA) refuted a SemiAnalysis report claiming its next-generation “Kyber” AI rack architecture was delayed from 2027 to 2028. A spokesperson for the company confirmed to Screening Alpha, that NVIDIA Corporation’s (NASDAQ:NVDA) product roadmap is fully intact. The Kyber rack-scale system makes use of a vertical mounting design and houses 144 high-performance chips to boost density as well as to reduce latency for advanced AI workloads. The system is scheduled to debut alongside the Vera Rubin Ultra system in 2027.
Founded in 1993, the California-based company, NVIDIA Corporation (NASDAQ:NVDA), is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units.
1. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Market value of shares owned: $76,912,351
% of portfolio: 14.40%
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 10 Best Stocks to Buy in Glen Kacher’s Light Street Portfolio.
As of the quarter ended March 31, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) represents 14.40% of Glen Kacher’s Light Street Portfolio. Additionally, the fund holds a put option position valued at $36,904,140 in the portfolio. In contrast, on July 1, 2026, Goldman Sachs announced the removal of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from the firm’s APAC Conviction List. The Goldman Sachs Asia-Pacific (APAC) Conviction List is a highly researched set of top stock “Buy” ideas for the region. In the July 2026 update, Goldman Sachs added ResMed and KB Financial Group, while removing Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and Alibaba.
Separately, on June 24, 2026, Bank of America raised its price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from $490 to $590 while maintaining a Buy rating on the stock. The firm expects notable CPU consumption to absorb advanced manufacturing and packaging capacity, amid the surging agentic AI demand. And accordingly, the firm’s analyst has lifted the company’s 2026 and 2027 revenue growth forecasts to 40% and 39% year-over-year, respectively.
Founded in 1987, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s leading dedicated semiconductor foundry. Based in Taiwan, the company engages in the business of manufacturing and selling integrated circuits and wafer-level semiconductor devices.
While we acknowledge the potential of TSM 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 TSM and that has 100x upside potential, check out our report about the cheapest AI stock.
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