In this article, we will take a look at the Top 5 Goldman Sachs Tech Stocks to Buy Now. For a deeper discussion and an expanded list, please see Top 10 Goldman Sachs Tech Stocks to Buy Now.
5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Number of Hedge Fund Holders: 234
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) or TSMC is among the top Goldman Sachs tech stocks to buy now. Goldman Sachs owns over $3.17 billion in TSM stock.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) continues to advance its footprint in the global chip-making market. On June 1, TSMC signed a partnership with NVIDIA to use a range of its AI and accelerated computing technologies in chip manufacturing processes and development. The area of focus is to enhance semiconductor production, from lithography and materials research to factory optimization and defect detection. Considering the rapid adoption of AI-driven tools, semiconductors need to be more efficient and provide high output performance. This deal serves TSMC’s goal to maintain its technology leadership and manufacturing excellence to fulfill customers’ future demand.
Photo by JESHOOTS.COM on Unsplash
BofA remains positive on TSMC and potentially sees it as the clearest winner of the next AI wave. Considering the demand for advanced AI chips and packaging technologies is on a surge, BofA has increased its outlook for CoWoS capacity growth through 2027 and named TSM its “preferred stock” in the space. In addition to this, the partnership with Nvidia comes at a crucial time, which would further boost its high-end chip manufacturing capabilities. BofA believes TSMC is a prime beneficiary as AI companies continue to rush for AI chips and advanced packaging capacity.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese multinational semiconductor contract manufacturing and design company that manufactures, packages, and tests integrated circuits for various industries.
4. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 262
Meta Platforms, Inc. (NASDAQ:META) is one of the widely held tech stocks by Goldman Sachs with a total holding value of nearly $10.71 billion, making it to our list of the top Goldman Sachs tech stocks to buy now.
Meta Platforms is down nearly 9% year-to-date, largely due to its staggering AI spending. During the first quarter of 2026, the company posted $10.44 in adjusted earnings per share, well ahead of the expected $8.15 per share mark. However, the increasing AI Capex has investors on the back foot. Meta is trying to focus on its AI policy, and with the latest development of the subscription model, it marks a new era for the social media giant.
On May 28, Rosenblatt, while reiterating its Buy rating on Meta with a price target at $1,015, shared thoughts on the firm’s latest subscription push, pointing to it to be a ‘multi-billion-dollar potential.’ Meta is rolling out a Plus subscription plan for all three of its social media apps, including Facebook, Instagram, and WhatsApp, under Meta One. As per the reports, Meta One AI plans will have a starting cost of $7.99 per month.
Meta’s main business remains rock solid. The Family of Apps revenue during Q1 was $55.9 billion out of the total $56.3 billion. The company’s operating income was around $22.9 billion, with a 41% operating margin, which is remarkable for a company with more than $200 billion in annual revenue. For Q2 2026, Meta expects its revenue to be in the range of $58 to $61 billion. While the Capex for the year remains unchanged in the range of $162-$169 billion.
On June 2, TheFly reported Arete analyst Rocco Strauss raised Meta Platforms, Inc. (NASDAQ:META) from Neutral to Buy, increasing the price target from $614 to $735. Strauss sees Meta as having a flexible cost base, the latest subscription, and internal AI progress as key indicators. Meta’s high-margin subscription model can help offset costs and increase margins amid aggressive AI data center spending.
Meta Platforms, Inc. (NASDAQ:META) develops products that allow people to share and connect with their family and friends using PCs, mobile devices, virtual reality (VR) headsets, and AI glasses. Some of its well-known apps include Facebook, Instagram, and WhatsApp. It operates in the Reality Labs (RL) and Family of Apps (FoA) segments.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 265
Alphabet Inc. (NASDAQ:GOOGL) is one of the largest tech stocks held by Goldman Sachs, with a total portfolio value of approximately $16.63 billion, making it to our list of best Goldman Sachs tech stocks to buy now.
Over the past month, as of June 2, Alphabet Inc. shares have plunged by over 4.80%, while year-to-date the stock is up by over 17%. On average, analysts have a price target of $430, implying an upside of more than 17%.
The company is going through a major transition, creating in-house tensor processing units against Nvidia’s processors. The management believes AI is paving the way for an expansionary moment for the company, and its allocated capital will help in scaling the infrastructure needed to boost computing capacity.
On June 2, Alphabet revealed its $80 billion equity round for the expansion of AI infrastructure. Around $40 billion will be raised through an at-the-market share sale program starting from Q3, $30 billion in underwritten common shares and convertible preferred stock, and a $10 billion investment from Berkshire Hathaway.
The company’s core business remains solid, while AI investment continues to increase its CapEx. If the company’s AI expenditure remains defined, which is expected to be around $180 to $190 billion for 2026, Alphabet’s growing Cloud demand and Gemini business will support the stock performance. During Q1 2026, the company achieved $20 billion in revenue from the Cloud business for the first time, growing 63% from a year ago. The growth was mainly driven by robust demand from enterprise AI solutions and infrastructure. The advertising revenue soared to $77.25 billion, up 19% year-over-year. Gemini is also experiencing remarkable growth, with 40% quarter-over-quarter growth in paid monthly active users. Here is what CEO Sundar Pichai said during the Q1 earnings call:
2026 is off to a terrific start. Our AI investments and full-stack approach are lighting up every part of the business. Search had a strong quarter with AI experiences driving usage, queries at an all-time high. Google Cloud revenues grew 63%, with backlog nearly doubling quarter on quarter to over $460 billion. This was our strongest quarter ever for our consumer AI plans, driven by the Gemini App. And, finally, I’m pleased to see Waymo surpass 500,000 fully autonomous rides a week.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services, including search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
NVIDIA Corporation (NASDAQ:NVDA) is one of the top Goldman Sachs tech stocks to buy now. NVIDIA is one of Goldman Sachs’s largest holdings, with an accumulated value of almost $31.55 billion.
NVIDIA Corporation remains at the center stage of AI innovation, and the average price target of $298 implies an upside of over 32% as of June 2. During the GTC Taipei keynote, Nvidia CEO Jensen Huang said that the company has enough supply to accommodate robust growth in CPUs and GPUs amid the AI boom. This is a significant achievement, especially as AI demand has been growing and supply has been constrained by geopolitical shifts.
Further, during the event, NVIDIA unveiled its new range of superchips, RTX Spark, for Windows laptops. The processor, backed by a Blackwell GPU and Grace CPU, will support laptops from leading manufacturers, including Dell, HP, ASUS, and Microsoft. The company is already working closely with Microsoft and other software developers to ensure their program can run on their latest chip.
RTX Spark is designed specifically for the use of AI agents and will also be handy for content creators and gamers. NVIDIA said that RTX Spark will have memory of up to 128 GBs, a massive storage capacity for any laptop.
NVIDIA’s moat spans from powering massive cloud data centers to everyday laptops, as everything is transitioning to be based on AI. That’s why NVDA remains a solid long-term bet. Goldman Sachs analyst James Schneider reiterated its Buy rating on NVIDIA Corporation (NASDAQ:NVDA) following Jensen Huang’s speech at GTC Taipei, with the price target set at $285.
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. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 282
Microsoft Corporation (NASDAQ:MSFT) is the third-largest holding in Goldman Sachs’ portfolio, with a portfolio share of 3.05%, making it one of the top Goldman Sachs tech stocks to buy now.
Microsoft Corporation (NASDAQ:MSFT) is using AI to protect its users from cyberattacks, leveraging a new series of models to find and exploit software flaws faster than humans can. The company is utilizing its latest security multimodal agentic scanning harness (MDASH), which uses AI agents to scan for software weaknesses that hackers can employ.
In addition, on June 2, Microsoft announced its next-generation topological quantum chip, Majorana 2, with assistance from Microsoft Discovery’s agentic AI. The latest chip features a new materials stack which has 1,000 times better reliability compared to the previous generation of qubits. This is a massive upgrade from the previous version, offering a qubit lifetime of 20 seconds and instances lasting as long as one minute. This development has led the company to speed up its quantum computer goal. Microsoft now expects to manufacture a scalable quantum computer by 2029, reducing its original timeline in half.
Year-to-date, Microsoft shares are down nearly 8.50% as of June 2. Analysts see upside, with an average analyst price target of $550, which implies an upside of almost 24%. On June 1, TheFly reported that Wells Fargo analyst Michael Turrin lifted the price target on Microsoft Corporation (NASDAQ:MSFT) from $625 to $650, maintaining an Overweight rating on the stock. The analyst sees Microsoft in a better position at the software layer than it is getting credit for, and making the right decisions to keep up with capacity, models, and Copilot.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about the cheapest AI stock.
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