In this article, we will look at the Top 10 AI Infrastructure Stocks to Buy Now.
The global AI infrastructure market is projected to grow at a CAGR of 29.1%, reaching $356.14 billion by 2032 from $36.59 billion in 2023, according to Fortune Business Insights. This growth is driven by accelerating enterprise adoption and generative AI demand, along with heavy investments in cloud computing, data center expansion, and AI chip development. AI infrastructure acts as the technical backbone of most large-scale machine learning systems, from GPUs to high-speed networking solutions.
Furthermore, AI’s vast range of applications is fueling the growing demand for faster, more scalable systems. Infrastructure investments support AI’s real-world adoption with its critical role in hyperscale data centers handling natural-language processing and edge-compute deployments in autonomous vehicles.
AI is undoubtedly the future. Double-digit growth is projected for the market as models become more complex and demand for low-latency inference increases. The growth prospects increase with evolving regulations, such as the EU’s AI Act rollout, and the rising use of AI-powered tools to streamline business operations.
With this backdrop, investors must target infrastructure players that offer exposure across the entire value chain, be it chipmakers or cloud enablers. To make the top AI infrastructure picks, one must balance dominant players with emerging innovators to capitalize on the next wave of AI breakthroughs. In this context, let’s now move on to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
A scientist at a computer station, surrounded by a neural network of artificial intelligence code.
Methodology
To curate our list of the Top 10 AI Infrastructure Stocks to Buy Now, we researched across ETFs and financial media reports. From this list, we extracted the stocks that are most popular among elite hedge funds and that analysts are bullish on. Finally, we ranked these stocks in ascending order of the number of hedge funds that have stakes in them, as of Q1 2025, using Insider Monkey’s hedge fund database that tracks over 1,000 hedge funds.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Tempus AI, Inc. (NASDAQ:TEM)
Number of Hedge Fund Holders: 21
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Tempus AI, Inc. (NASDAQ:TEM) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
On July 10, 2025, Tempus AI, Inc. (NASDAQ:TEM) announced an update about its strategic partnership with Personalis. Under this expansion, the company added colorectal cancer to its existing commercialization agreement. This new agreement grants Tempus AI, Inc. (NASDAQ:TEM) exclusive rights to market its NeXT Personal Minimum Residual Disease (MRD) test across four oncology types through 2028. This follows the results from the VICTORI study, which showed early detection strength in CRC, which is crucial for timely treatment.
This agreement follows a period of strong momentum, where Tempus AI, Inc. (NASDAQ:TEM) reported a 75% increase in its revenue ($255.7 million) for Q1 2025. With strong profitability, the company has raised its full-year revenue guidance to $1.25 billion, having signed a $200 million data license deal with AstraZeneca and Pathos that will enhance AI model development in oncology.
Catering to over 50% of U.S. oncologists, Tempus AI, Inc. (NASDAQ:TEM) offers platforms like Insights, Lens, and Hub that combine sequencing diagnostics with algorithmic tools, powering data-driven cancer treatment decisions.
9. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders: 28
With strong hedge fund backing and a positive analyst outlook, IonQ, Inc. (NYSE:IONQ) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
On July 7, 2025, IonQ, Inc. (NYSE:IONQ) entered into an underwriting agreement with JP Morgan. This agreement relates to the sale of over 14 million shares and around 40 million warrants. With this offering, the company aims to strengthen its balance sheet, funding its continued expansion across commercial and government-focused quantum deployments.
Looking ahead from this agreement, IonQ, Inc. (NYSE:IONQ) expects $18 million in revenue (at the midpoint of the guidance), which is 8.1% above expectations. The company attributed this guidance to the strong demand for quantum networking, R&D-driven progress, and acquisitions of Lightsynq and Capela, which are expected to build long-range quantum networks.
IonQ, Inc. (NYSE:IONQ) is a U.S.-based quantum computing hardware and software company, developing quantum hardware, networking systems, and software for enterprise and defense customers.
8. SoFi Technologies, Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 44
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, SoFi Technologies, Inc. (NASDAQ:SOFI) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
Barclays increased its price target on SoFi Technologies, Inc. (NASDAQ:SOFI) from $12 to $18, while maintaining a ‘Hold’ rating. The increased price target, which was announced on July 11, 2025, is attributed to the company’s improving card delinquency trends through May, which indicates potentially lower write-offs in Q2, improving sentiment ahead of the July 29 earnings release.
Meanwhile, the company’s share price has risen 40.77% in the past month, driven by the boost in investor interest due to SoFi Technologies, Inc.’s (NASDAQ:SOFI) return to crypto and its planned stablecoin. Furthermore, SoFi Technologies, Inc.’s (NASDAQ:SOFI) recently announced partnership with Cashmere is expected to expand its Alternative Investment Platform, which is critical to attracting high-value, long-term investors. Looking ahead, analysts on Wall Street forecast Q2 EPS at $0.06, which is a significant jump from $0.01 a year ago. At the same time, the revenue estimate is set at $802 million.
SoFi Technologies, Inc. (NASDAQ:SOFI) offers consumer lending, investing, and digital banking services, while operating tech platforms such as Galileo and Technisys across North America and Hong Kong.
7. Nebius Group N.V. (NASDAQ:NBIS)
Number of Hedge Fund Holders: 51
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Nebius Group N.V. (NASDAQ:NBIS) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
The company is experiencing strong growth while also emphasizing sustainability and operational efficiency, as evident in its 2024 Sustainability Report, published on July 11, 2025. The report highlights a 20% lower total cost of ownership (TCO) for customers, indicating increased infrastructure efficiency and effectiveness, and power usage effectiveness (PUE) of 1.1, indicating optimal performance of its data centers.
Moreover, Nebius Group N.V. (NASDAQ:NBIS) achieved 10 GWh in energy savings, representing a substantial reduction in energy usage. Meanwhile, the company’s flagship Finnish data center successfully demonstrated its heat recycling ability, as it powered 65% of a local municipality’s heating through recycling. At the same time, 94% of the data center’s energy was generated from low-carbon sources, increasing the company’s attractiveness to eco-conscious partners and clients.
The company’s financial growth is moving hand-in-hand with its sustainability efforts. For Q1 2025, Nebius Group N.V. (NASDAQ:NBIS) reported a 4x growth in its revenue with a 7x growth in its annualized run rate revenue. The company accumulated $1.4 billion in cash by the quarter end, enabling continued investment as it looks ahead to a $2 billion CapEx for 2025. Its partnership with NVIDIA and Metalamma further strengthens its competitive position.
Nebius Group N.V. (NASDAQ:NBIS), based in the Netherlands, builds scalable AI infrastructure platforms, such as cloud solutions, autonomous systems, and developer tools, catering to the global AI industry.
6. Reddit, Inc. (NYSE:RDDT)
Number of Hedge Fund Holders: 72
With strong hedge fund backing and a positive analyst outlook, Reddit, Inc. (NYSE:RDDT) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
On July 11, 2025, JMP Securities announced its decision to maintain a ‘Market Outperform’ rating on Reddit, Inc. (NYSE:RDDT) with a $180 price target. This update follows a noted slowdown in the company’s user engagement metrics. While U.S. time spent increased 0.3% YoY in June, its global in-app time decreased by 5.9%. Yet, Reddit noted a 64.1% increase in its revenue over the past year, attributed to ad monetization and increased traffic from Google’s AI search integration.
Further reinforcing analysts’ positive sentiment is Reddit’s revenue of $392 million that it achieved for Q1 2025, which was a 61% YoY increase. The bottom line also turned positive ($26.2 million), which is a turnaround from a loss in the same quarter a year ago. Reddit, Inc. (NYSE:RDDT) sees its revenue growing to $410-$430 million in Q2, with adjusted EBITDA in the range of $110-$130 million. Moreover, it has rolled out new AI-powered ad tools that are set to improve the company’s brand targeting based on user interactions.
Reddit, Inc. (NYSE:RDDT), launched in 2005, is an American social media forum that enables user interactions through interest-based communities.
5. Datadog, Inc. (NASDAQ:DDOG)
Number of Hedge Fund Holders: 84
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Datadog, Inc. (NASDAQ:DDOG) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
Loop Capital increased its price target on Datadog, Inc. (NASDAQ:DDOG) from $160 to $200, maintaining a ‘Buy’ rating. The analyst attributed this to the expansion of DDOG’s product portfolio and the growth of its total addressable market. Furthermore, the company’s adoption of innovative tools like Flex Logs and its entry into enterprise AI-native clients were also cited as key growth drivers.
The company’s valuation is supported by its other strategic growth initiatives. On May 5, 2025, Datadog, Inc. (NASDAQ:DDOG) acquired Eppo, a feature flagging and experimentation platform, expanding its AI, Product Analytics, experimentation, and feature flag capabilities. Meanwhile, on June 10, 2025, the company disclosed its new capabilities in its log management portfolio, which will enable cost optimization at scale for organizations, also allowing them to meet tight data retention, auditability, and data residency requirements of regulated sectors. Having reported a 25% YoY increase in revenue and growth in its AI-native customer base, the company is poised for future growth with its ongoing strategic growth initiatives.
Datadog, Inc. (NASDAQ:DDOG), a U.S.-based software company, offers AI-native observability, application monitoring, and cloud security tools through a SaaS-based data analytics platform.
4. Intuit Inc. (NASDAQ:INTU)
Number of Hedge Fund Holders: 87
With strong hedge fund backing and a positive analyst outlook, Intuit Inc. (NASDAQ:INTU) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
BMO Capital increased its price target on Intuit Inc. (NASDAQ:INTU) from $820 to $870 on July 11, 2025. Maintaining an ‘Outperform’ rating, the analyst cited growth potential in the company’s TurboTax segment, driven by new tax legislation. One Big Beautiful Bill was signed into law on July 4, 2025, resulting in significant changes to the tax code.
Analysts’ positive sentiment also follows a strong Q3 for Intuit Inc. (NASDAQ:INTU), where it recorded revenue of $7.8 billion (+15% YoY) and EPS of $11.65 per share (+18%). Meanwhile, TurboTax Live surged 47%. The company’s future outlook is further bolstered by its acquisition of Relevvo on June 30, 2025, which will streamline INTU’s go-to-market efforts, leveraging intelligent, data-driven customer engagement. The company expects full-year revenue growth of 15% and GAAP EPS growth of up to 27%.
Intuit Inc. (NASDAQ:INTU), a U.S.-based business software company, offers AI-powered tax, accounting, and credit products with platforms like TurboTax, QuickBooks, and Credit Karma.
3. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders: 111
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Adobe Inc. (NASDAQ:ADBE) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
Adobe Inc. (NASDAQ:ADBE) finalized a multi-year partnership with the Premier League on July 10, 2025, making it their official creativity and digital fan experience partner. Powered by Firefly’s generative AI, Adobe Express will be used across the Premier League’s digital platforms, allowing fans to create personalized content for the Fantasy Premier League and receive real-time experiences via Adobe Experience Cloud tools.
This partnership comes ahead of a strong Q2 performance by Adobe Inc. (NASDAQ:ADBE), where Adobe Express’ usage tripled, Firefly traffic grew 30% sequentially, and paid subscriptions doubled. Looking at the next quarter, the company expects to break the record with a $5.9 billion revenue.
Adobe Inc. (NASDAQ:ADBE), an American computer software company, serves creators, marketers, and corporations across a diverse range of industries with AI-integrated content, document, and customer experience platforms.
2. Alphabet Inc. (NASDAQ:GOOG)
Number of Hedge Fund Holders: 227
With strong hedge fund backing and a positive analyst outlook, Alphabet Inc. (NASDAQ:GOOG) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
Google is set to expand its competitive position in the public sector. Reported on July 11, 2025, Alphabet Inc. (NASDAQ:GOOG) will run attractive discounts on its cloud computing services for the U.S. government, which align with broader federal cost-savings initiatives. Previously, in April 2025, a 71% discount on business apps was agreed upon for offering by Alphabet Inc. (NASDAQ:GOOG), which would generate up to $2 billion in cost savings if it reaches government-wide adoption.
Although Alphabet Inc. (NASDAQ:GOOG) suffered an $8.9 million loss in antitrust fines from Turkish regulators on July 10, 2025, analysts are optimistic about the company’s stock heading into Q2 2025 earnings. TD Cowen maintained its ‘Buy’ rating with a price target of $195, as disclosed on July 9, 2025. The analyst cited the strong competitive position of the company’s Google Search, along with the expectation that its direct response advertising segment will perform strongly through 2025 in a resilient U.S. consumer market.
1. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 273
Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Meta Platforms, Inc. (NASDAQ:META) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.
Reported on July 11, 2025, Meta Platforms, Inc. (NASDAQ:META) is likely to face new EU antitrust charges and substantial daily fines starting June 27. This comes as a result of the company’s likely refusal to make any further changes or adjustments to its ‘pay-or-consent’ data model. Previously, META was hit with a $234 million penalty by the European Commission, which claimed that the model breached the Digital Markets Act. The company’s shares were down 1.3% following this update on Friday.
Meanwhile, Meta Platforms, Inc. (NASDAQ:META) is racing toward AI development with the hiring of AI researchers from OpenAI and Google. Furthermore, Apple Inc.’s top executive, responsible for AI models, is moving to Meta. Thus, the company’s AI talent acquisition could push META forward in the AI race. These developments come ahead of META’s Q2 2025 earnings on July 30, 2025. Analysts are expecting an EPS of $5.74 per share (+11.2%) for the quarter, with full-year EPS projected at $25.35.
While we acknowledge the potential of META 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 META and that has 100x upside potential, check out our report about this cheapest AI stock.
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