In this piece we will look at the 5 Unstoppable Technology Stocks to Buy Now. Please visit 8 Unstoppable Technology Stocks to Buy Now if you’d like to see an extended list and how we came up with the list of Unstoppable Technology Stocks to Buy Now.
5. Western Digital Corporation (NASDAQ:WDC)
Number of Hedge Fund Holders: 79
Western Digital Corporation (NASDAQ:WDC) is one of the Unstoppable Technology Stocks to Buy Now. According to a March 26 report by CNBC, memory stocks saw a sell-off after Google unveiled its TurboQuant on Tuesday, March 24.
Western Digital Corporation (NASDAQ:WDC) has fallen around 17% since Tuesday. The report noted that TurboQuant is a new compression method introduced by Google, which is said to reduce the amount of memory required by large language models by approximately six times. CNBC noted that the new method reduced the amount of memory required by reducing the key value cache.
Following the release, major memory stocks including SK Hynix and Samsung witnessed a 6% and 5% drop in share price, respectively. The sell-off reflects investor fears that such techniques can lower the demand for memory chips, which are heavily used by hyperscalers to train AI and large language models. According to CNBC, Ray Wang, a memory analyst at SemiAnalysis, noted that the launch of TurboQuant does not necessarily mean that AI would require fewer memory chips. He elaborated that this development is focused on improving model effectiveness and hardware performance.
Sandisk Corp. (NASDAQ:SNDK) is a semiconductor and flash storage hardware company. It specializes in NAND flash technology, designing solid-state drives and embedded storage solutions for everything from enterprise data centers and cloud service providers to mobile devices, automotive systems, and IoT applications.
4. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders: 85
Corning Incorporated (NYSE:GLW) is one of the Unstoppable Technology Stocks to Buy Now. On March 19, UBS reiterated a Buy rating on Corning Incorporated (NYSE:GLW) with a price target of $171.
UBS maintained its bullish sentiment on the stock after attending the Optical Fiber Communications conference, where the firm met with fiber producers, sellers, and other major players in the industry. After the conference, the firm released a research note highlighting that the demand for fiber remains very strong. UBS added that experts are calling the fiber market a seller’s market, indicating that the supply remains limited compared to the demand.
The firm noted that this narrative supports pricing power and visibility into Corning’s optical‑communications segment. Investors had become more cautious about how quickly fiber will replace copper inside AI racks. However, UBS’s conversations with hyperscalers and optical suppliers were “mixed,” with some expecting faster adoption and others slower. Moreover, UBS also noted that Nvidia’s GTC roadmap showed continued investment in both copper and optical inside the rack.
Corning Incorporated (NYSE:GLW) is a global manufacturer of specialty glass, optical communications, display technologies, and materials for the telecommunications, automotive, semiconductor, and life sciences industries. The company operates in five main business segments.
3. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 104
Lam Research Corporation (NASDAQ:LRCX) is one of the Unstoppable Technology Stocks to Buy Now. On March 11, Lam Research Corporation (NASDAQ:LRCX) presented at the Cantor Fitzgerald Global Technology & Industrial Growth Conference. At the conference, management highlighted its AI-driven growth, operational strengths, and future opportunities.
Management noted growing fiscal 2025 revenue by 40% year-over-year, which surpassed the market growth rate of 10%. Notably, the gross margins also exceeded the target model of 50% in multiple quarters last year. Management noted that its Customer Support Business Group now generates around one-third of the company’s revenue and has shown 13% 5-year CAGR growth.
Looking ahead, the company noted that they expect the wafer fabrication equipment market to hit $135 billion in 2026, primarily driven by AI compute demand. Moreover, beyond the $135 billion WFE forecast, dry resist technology offers a $1.5 billion opportunity over the next five years, with early DRAM wins.
Lam Research Corporation (NASDAQ:LRCX), founded in 1980, is a California-based company specializing in semiconductor processing equipment for the use in fabrication of integrated circuits.
2. Applied Materials, Inc. (NASDAQ:AMAT)
Number of Hedge Fund Holders: 111
Applied Materials, Inc. (NASDAQ:AMAT) is one of the Unstoppable Technology Stocks to Buy Now. On March 13, Applied Materials, Inc. (NASDAQ:AMAT) reported that its Board of Directors approved a 15% increase in the quarterly dividend. As a result, the company will now pay a quarterly dividend of $0.53, up from the previous payout of $0.46. The dividend will be payable on June 11, 2026, to shareholders of record from May 21, 2026.
Management noted that this increase marks the 9th consecutive year of dividend increase. Brice Hill, SVP and CFO, highlighted that the dividend per share has more than doubled compared to four years ago. He emphasized the company’s strength in generating robust cash flow, which supports both shareholder payouts and investments for growth.
Moreover, over the past 10 years, the dividend per share has compounded at 18% annually. The company has returned nearly 90% of its free cash flow to shareholders through dividends and share buybacks.
Applied Materials, Inc. (NASDAQ:AMAT) is a leader in materials engineering solutions engaged in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.
1. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders: 137
Micron Technology, Inc. (NASDAQ:MU) is one of the Unstoppable Technology Stocks to Buy Now. On March 27, Micron Technology, Inc. (NASDAQ:MU) announced roughly $35.5 million in community investment in Central New York. The investment is aimed at supporting various areas, including housing, transportation, childcare, education, and more.
Management noted that this investment ties with their massive megafab chip factory project in Clay, New York. The factory is expected to create 50,000 jobs and drive regional growth. The company noted that the investment is part of its collaboration with Green CHIPS Community Investment Fund. The fund aims for a total of $500 million investment comprising $250 million from Micron, $100 million from New York State, and $150 million from others.
Management also noted that this investment builds upon the $30 million Housing Central New York Fund by the state, along with a $8.5 million in investments announced on March 27.
Separately, on March 20, Argus raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $320 to $540, while maintaining a Buy rating on the stock. The firm noted exceptional growth by the company, driven by strong demand from AI.
Micron Technology, Inc. (NASDAQ:MU) designs and manufactures memory and storage solutions used across data centers, AI systems, and consumer devices.
While we acknowledge the potential of MU 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 MU and that has 100x upside potential, check out our report about the cheapest AI stock.
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