In this article, we will take a look at the 7 Best Tech Stocks to Buy Now for the “Vera Rubin” Chip Cycle.
NVIDIA began the year with an unexpected move: it announced its next-generation AI computer architecture months before schedule. The Vera Rubin launch, introduced on June 1 during Nvidia CEO Jensen Huang’s speech at the Computex conference in Taipei, is now in full development, with systems expected to be delivered to cloud and enterprise clients in the fall. According to the company, the platform provides 10x the agentic AI throughput of its previous-gen Grace Blackwell technology at one-tenth the cost per token.
The ‘Vera Rubin’ cycle comes at a time when investor concerns about hyperscaler AI capex are intensifying. However, Peter Oppenheimer, chief global equity strategist at Goldman Sachs, offered a contrasting view, stating that “a capex supercycle is taking hold.”
According to Goldman Sachs, hyperscalers are predicted to spend $757 billion this year, up 84% from a year ago, and an additional $920 billion by 2027. The spending boom has dramatically increased earnings for companies poised to gain from the AI adoption.
Speaking on this continuous trend, Oppenheimer added:
“In a higher cost-of-capital environment where multiple expansion is more limited, this combination of earnings growth and positive revisions remains a key driver of outperformance.”
Our Methodology
To identify the stocks most likely to benefit from the Vera Rubin cycle, we searched for companies with market capitalizations exceeding $2 billion that generate substantial revenue from AI infrastructure sectors, such as semiconductors, memory, and networking. These companies were further narrowed down based on hedge fund sentiment as of Q1 2026. Preference was given to companies that are projected to benefit directly from Rubin-related hyperscaler deployments.
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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
7. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders: 58
Hewlett Packard Enterprise Company (NYSE:HPE) ranks among the best tech stocks to buy now for the “Vera Rubin” chip cycle. On June 3, Argus increased its price target for Hewlett Packard Enterprise Company (NYSE:HPE) to $70 from $30 while retaining a Buy rating on the company’s shares, emphasizing AI momentum and solid quarterly results. Analyst Jim Kelleher stated that Hewlett Packard Enterprise Company (NYSE:HPE) exceeded average revenue and non-GAAP EPS projections for the second quarter of 2026.
The company’s results exceeded Wall Street’s forecasts of $9.8 billion in revenue and $0.53 in EPS. The performance was driven primarily by a 148% gain in the Networking segment and a 23% rise in the Cloud & AI segment.
While the development of agentic AI is strengthening its conventional server business, the company is incorporating AI throughout its service offerings, including networking. During its investor event in October 2025, management explained how AI infrastructure investments and the acquisition of Juniper would enhance networking capabilities, improve financial performance, and support strategic expansion.
Hewlett Packard Enterprise Company (NYSE:HPE) operates as a global technology provider focused on intelligent solutions. Its platforms help customers capture, analyze, and act on data from edge to cloud. The customer base ranges from small and medium-sized businesses to large enterprises and government organizations.
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