In this article, we will discuss Donald Trump Stock Portfolio: 5 Best AI and Tech Stock Picks in 2026. For more stocks and methodology of this article, see Donald Trump Stock Portfolio: 10 Best AI and Tech Stock Picks in 2026.
5. Marvell Technology (NASDAQ:MRVL)
Stock Performance Since Trade Date: +180%
Marvell Technology (NASDAQ:MRVL) is another favorite stock of Donald Trump that has shown spectacular performance since his purchase in February 2026. It makes custom AI chips, networking solutions, and semiconductor products designed for hyperscalers and data centers. Its customers include the world’s largest cloud and technology companies including Google, Amazon, and other major hyperscalers that are increasingly turning to custom ASICs as a more cost-effective way to scale computing power for AI clusters.
Trump isn’t the only fan of Marvell Technology (NASDAQ:MRVL). Recently, Nvidia CEO Jensen Huang publicly endorsed Marvell as a potential trillion-dollar company, causing the stock to surge 45% in a single week. Nvidia also made a $2 billion strategic investment in Marvell, and the two companies are collaborating on NVLink Fusion, which makes Marvell’s custom XPUs compatible with Nvidia’s broader AI infrastructure stack including Vera CPUs, ConnectX NICs, BlueField DPUs, and Spectrum-X switches.
But beyond the Huang factor, there are strong fundamental growth catalysts for Marvell Technology (NASDAQ:MRVL). The company recently unveiled the first switch operating at a record speed of 102.4 Tbps designed for AI clusters, delivering energy savings of up to 25% compared to competitors. It also acquired Polariton Technologies to strengthen its photonics-based optical solutions, and has secured over 10 XPU attach program wins with custom revenue expected to grow 20% year-over-year in FY2027, doubling again in FY2028, and nearly tripling by FY2029 towards more than $10 billion.
Sound Shore Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q1 2026 investor letter:
“A bright spot in the tech space was our holding in Marvell Technology, Inc. (NASDAQ:MRVL). The company designs custom chips that are both flexible and efficient, a competitive advantage we believe will help Marvell take market share and grow rapidly over the next few years. While many debated whether management could effectively scale up the business and compete, we were able to purchase the stock when it was trading at 10 times our estimate of long-term earnings power. Marvell’s exposure to data centers stems from a robust networking and optical business—essentially the “plumbing” of AI infrastructure. Additionally, its emerging custom silicon (ASIC) division co-develops tailored chips for “hyperscalers” like Amazon and Google to optimize performance and power efficiency for specific AI workloads. We believe this business will double earnings over the next three years.”
4. Bloom Energy (NYSE:BE)
Stock Performance Since Trade Date: +113%
Bloom Energy (NYSE:BE) is a fuel cell manufacturer that sells solid oxide fuel cell systems to data centers and artificial intelligence infrastructure providers. It makes mini-power plants that sit next to facilities and generate electricity on-site without connection to the traditional power grid. Its moat is built on manufacturing expertise and precision assembly developed over 25 years. The three-layer fuel cell design uses externally supplied components that make up 55 percent of the cost of goods sold. Its competitive advantage is its precision application of coatings and treatments through a heating process that achieves mass production with minimal errors and proven longevity in the field. This manufacturing knowledge cannot be easily replicated, purchased, patented, or reverse-engineered from a finished product.
Bloom Energy’s (NYSE:BE) fuel cell technology is more efficient than traditional combustion turbines. The solid oxide fuel cell achieves 65 percent electrical efficiency compared with 35 percent for combustion turbines. This means less fuel is wasted and more electricity is generated from the same amount of natural gas, biogas, or hydrogen.
A major deal to focus on is the $2.6 billion ten-year agreement with Nebius announced in May 2026 to deliver fuel cells totaling 328 megawatts of installed capacity. Nebius will use these fuel cells to power its data centers and artificial intelligence computing infrastructure without waiting years for connection to the traditional power grid. The deal provides recurring monthly revenue of approximately $260 million per year, or $65 million per quarter, giving Bloom Energy stable, predictable cash flow over a decade.
Polen 5Perspectives Small Growth Strategy stated the following regarding Bloom Energy Corporation (NYSE:BE) in its Q1 2026 investor letter:
“Bloom Energy Corporation (NYSE:BE) is a provider of solid oxide fuel cells that play a critical role in delivering clean, reliable, “always on” power at scale. AI data centers require an enormous amount of power and one of the key challenges to date has been the inability of power grids to supply the necessary electricity to meet the constant and growing demands from AI workloads. Bloom’s “Energy Server” fuel cells help address this issue, generating cost-efficient, reliable power onsite, converting fuels like natural gas, biogas and hydrogen into electricity without combustion. With the high demand for always on, decentralized power solutions, Bloom stands to potentially benefit from both capacity expansions and new project wins tied to hyperscaler and industrial customers.”
3. Intel (NASDAQ:INTC)
Stock Performance Since Trade Date: +135.06%
Intel (NASDAQ:INTC) is among Trump’s favorite AI picks and a stock he has taken a personal interest in. In just a matter of months, a beaten-down chip giant that Wall Street had largely written off became one of the market’s top performers, and Trump deserves a meaningful share of the credit. The U.S. government bought 433 million Intel shares at $20.47 each through a conversion of CHIPS Act grants into equity, giving Washington a 9.9% stake in Intel (NASDAQ:INTC). Trump also reportedly helped broker a preliminary deal between Intel and Apple, under which Intel’s 18A node would manufacture chips for iPad Pro and entry-level MacBook Air devices.
But beyond the Trump angle, Intel has genuine fundamental support. Bulls point to a structural change in how AI infrastructure is being built. The AI workload mix is rotating from training toward inference and agentic AI, shifting the architecture away from GPU-heavy clusters and back toward CPUs as the orchestration layer. Historically, the GPU-to-CPU ratio ran at 8:1 in training environments. For agentic AI, CEO Lip-Bu Tan says that ratio is moving toward 1:1 or even flipping CPU-heavy. Intel’s (NASDAQ:INTC) Data Center and AI segment grew 22% year over year in Q1 to $5.1 billion, with operating margins hitting 30.5%. Xeon 6 was selected as the host CPU for Nvidia’s DGX Rubin NVL8 systems, and Intel signed a long-term agreement with Google for Xeon processors to support Google Cloud workloads across AI training and inference. On the foundry side, the company has received close to $8.9 billion from the U.S. government and is now partnering with Tesla’s TeraFab consortium alongside SpaceX and xAI, with 18A yields improving at 7% per month.
Alpha Wealth Insiders Fund stated the following regarding Intel Corporation (NASDAQ:INTC) in its Q1 2026 investor letter:
“Despite poor fundamentals, we invested heavily in Intel Corporation (NASDAQ:INTC), viewing its role as the sole U.S. defense silicon chip foundry as “too big to fail.” We profited handsomely, buying equal amounts at $23.98, $29.60, and $30.70 (August-September) and selling all on March 17th at $45.10. This Intel trade yielded an approximate annualized return of 133%. Intel has since risen to $62.38. I lost conviction when Nvidia’s CEO announced the $20 billion Groq acquisition to specifically compete with Intel in CPUs. Nvidia, a monopolist, is strategically using its capital, including owning Intel stock, for both blocking and seeding, even entering autonomous vehicle competition against its major customer, Tesla.”
2. SanDisk (NASDAQ:SNDK)
Stock Performance Since Trade Date: +180%
SanDisk (NASDAQ:SNDK) is among the best AI stock picks in President Donald Trump’s portfolio. Since the stock trade day, the stock has gained about 364%.
SanDisk (NASDAQ:SNDK) is a leading NAND flash memory company that makes storage products including enterprise SSDs and consumer flash storage devices. Its customers include hyperscalers, data centers, PC makers, and consumer electronics companies. The stock has been on an amazing bull run but recently wavered amid concerns over the durability of the AI-driven demand supercycle, amplified by Broadcom’s weaker-than-expected AI semiconductor outlook.
However, bulls believe SanDisk (NASDAQ:SNDK) is a key beneficiary of accelerating AI-driven NAND flash demand in data centers, high-volume inference, and agentic workloads as the shift towards larger KV cache and storage intensity accelerates. NAND flash prices are growing 70-75% sequentially in the current quarter, marking the first time NAND has outpaced DRAM in the current AI memory supercycle.
The company has secured five multi-year supply partnerships under its New Business Models framework, locking in $42 billion in minimum contractual revenue covering over one-third of anticipated FY2027 bit demand. In full year 2026, revenue is projected to rise 168% year-over-year to $19.7 billion, and a further 101% in fiscal 2027 to $39.8 billion. SanDisk’s (NASDAQ:SNDK) upcoming BiCS8-based QLC SSD ramp is expected to accelerate its data center growth trajectory further, while its extended Kioxia joint venture through 2034 and $1 billion investment in Nanya strengthen its long-term supply resilience.
Recently, Mizuho raised SanDisk’s price target to $2,200 from $1,825 and maintained an Outperform rating, while BofA raised its target to $2,100 citing tight supply-demand balance.
Polen 5Perspectives Small Mid Growth Strategy stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its fourth quarter 2025 investor letter:
“The top contributors to the Portfolio’s relative performance in the quarter were Bloom Energy, Sandisk, and First Solar. Sandisk Corporation (NASDAQ:SNDK) is a provider of high-performance flash memory storage products (Solid State Drives, memory cards, and USB Flash Drives, etc.). AI requires immense volumes of fast, high-capacity data storage in data centers, edge devices, and consumer products, creating strong demand for its flash memory solutions which in turn allowed the company to exercise pricing power. This all culminated in very strong results and raised guidance during the quarter, as the company appears poised to experience AI related tailwinds for the foreseeable future.”
1. Micron Technology (NASDAQ:MU)
Stock Performance Since Trade Date: +132.72%
MU has run too hot but bulls argue that it still has substantial upside because the company is playing a critical role in the artificial intelligence revolution.
The reason is straightforward. Micron manufactures DRAM chips, NAND flash memory, and high-bandwidth memory products. Cloud providers, data centers, and consumer electronics manufacturers all require this memory to function. Memory is no longer treated as a commodity product. It has become a strategic bottleneck that determines whether AI infrastructure can be deployed efficiently. Hyperscalers cannot afford to have their expensive AI chips waiting for memory availability.
The financial results validate this shift. In fiscal Q2 2026, revenue tripled year over year. DRAM revenue specifically grew 207% year over year. NAND revenue grew 169% year over year. This is exceptional growth for a company that was previously viewed as cyclical and commodity-like.
Micron Technology (NASDAQ:MU) is fundamentally shifting its business mix toward data centers. Data center DRAM and NAND demand is expected to exceed 50% of the total industry available market for the first time in 2026. Historically, memory demand came from PCs and smartphones. Today, the biggest buyer is the hyperscaler building massive AI infrastructure.
High-bandwidth memory, or HBM, is another major catalyst driving Micron Technology’s (NASDAQ:MU) growth. HBM is a specialized type of memory designed specifically for AI processors. It stacks memory vertically to deliver extremely high bandwidth, meaning data moves between the chip and memory at blazingly fast speeds. NVIDIA’s latest Blackwell GPU uses HBM memory extensively. Micron Technology (NASDAQ:MU) has already begun volume shipments of HBM4 products. The company is sampling 16-high HBM4 configurations and developing next-generation HBM4E products with greater customization for specific customer needs.
Heartland Mid Cap Value Fund stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q1 2026 investor letter:
“Beneath the surface, excitement surrounding artificial intelligence (AI) continues to foster an environment of extreme valuation disparity between perceived winners and losers of an AI infrastructure buildout and the associated implications of use cases proliferating across the global economy. Euphoria is typically born in truth (a positive business driver) and then over-extrapolated in valuation. Micron Technology, Inc. (NASDAQ:MU) is currently a major AI beneficiary due to surging demand for memory and storage. An observation of Micron Technology’s enterprise value to sales multiple provides one indication of where we are today. In just a few years, MU has seen its EV/sales multiple expand six-fold. MU is a “Deep Value” company, one which was a strong contributor to our portfolio in the 2023-24 timeframe. Despite very real revenue/margin drivers from AI demand, we expect the passage of time to prove that MU remains an extremely cyclical and capital-intensive company that still sells a commodity and can have violent swings in profitability.”
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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