In this article, we will take a look at some of the best artificial intelligence stocks that are currently offering attractive upside. On July 3, CNBC reported that financial regulations are finding it difficult to keep pace with the fast-paced AI development, as indicated by policymakers across Europe. It cited various policymakers across the region who are currently navigating how to facilitate the adoption process while reducing risks to market stability and integrity.
CNBC cited comments from the Chief Executive Officer of the U.K.’s FCA, Nikhil Rathi, who said the conventional rulemaking cycle is ineffective in a fast-paced, evolving technological landscape, especially as agentic AI development accelerates. Rathi stated that market authorities eventually need to find a better balance on such quickly changing technology.
CNBC also reported concerns expressed by the European Central Bank President, Christine Lagarde, who believes that AI is a source of gains and productivity but also poses key risks. Lagarde further said:
“For about a decade now we have been talking about cybersecurity risks, hacking, data theft and so on. But with the acceleration and deepening of AI models, we are confronted with a much more serious risk, because it is happening very, very quickly, and because the means of defense — and the funding required for them — have yet to be found.”
Having said that, the AI advancements do offer unique prospects for regulators, corporations, and investors. With that background, let’s explore our Top 10 AI Stocks That Will Skyrocket.
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Our Methodology
To identify relevant stocks for this article, we screened U.S.-listed companies that are either AI pure plays or have a significant exposure to artificial intelligence. Also, we shortlisted stocks with market capitalizations above $2 billion and at least 30% upside potential according to consensus, as of July 2 closing. Finally, we selected 10 stocks with the highest upside and ranked them in ascending order.
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 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. Synopsys Inc. (NASDAQ:SNPS)
Synopsys Inc. (NASDAQ:SNPS) is one of the top 10 AI stocks that will skyrocket.
On June 17, Synopsys Inc. (NASDAQ:SNPS) revealed the launch of its first Multiphysics Fusion solutions, which bring together AI-enabled EDA solutions of Synopsys with golden signoff analysis of Ansys across multi-die design, timing signoff, design closure, and analog workflows. The company highlighted that with chip designs becoming more complex, physics-based challenges demand a combined EDA and multiphysics approach.
Having received validation from leading companies, these solutions enhance predictability and speed up convergence for HPC systems and AI. Timing signoff delivers runtime improvements of up to 3x, SPICE-level-accurate multiphysics timing analysis, including IR, thermal, and stress effects, enhancing margins and minimizing IR-induced timing escapes.
Design Closure feature offers up to 10x faster design closure with increased ECO success rates and enhanced power, performance, and area, speeding up convergence while reducing iterations. Multi-die design provides concurrent power integrity, electromagnetic, and thermal analysis, providing earlier system insights from exploration through golden signoff with correct-by-construction methodology.
Analog workflows provide chip-level, highly accurate electromagnetic analysis in the analog design process, facilitating complete photonic IC and co-packaged optics systems. Early collaborations with leading semiconductor businesses and systems companies confirm the value of Multiphysics Fusion solutions.
Synopsys Inc. (NASDAQ:SNPS) develops intellectual property solutions and electronic design automation tools for the semiconductor and electronics industries. Digital integrated circuit designs and hardware verification systems account for a large share of the company’s revenue. It also oversees silicon prototyping for components of pre-verified intellectual property.
9. Micron Technology Inc. (NASDAQ:MU)
Micron Technology Inc. (NASDAQ:MU) is one of the top 10 AI stocks that will skyrocket.
On June 29, Phillip Securities substantially increased its target price for the stock from $530 to $1,870, which now yields more than 62% upside. The firm reiterated its Buy rating following the company’s earnings release.
For the coming quarters, Phillip Securities said that the company could potentially enter into more agreements with its existing customer base, along with some new additions. It also shared its views on memory shortages across the broader industry, which it expects to persist beyond 2027.
Back on June 22, Micron Technology Inc. (NASDAQ:MU) entered into a strategic collaboration with Anthropic that covers AI memory and storage architecture design, company-wide adoption of Claude across Micron, and participation in Anthropic’s Series H funding.
Central to this are collaborative efforts in memory and storage technologies to enhance the development and scaling of AI systems. Both companies will assess how the storage and memory subsystems perform across different workloads. This effort is expected to advance progress in memory and storage performance, power efficiency, and improved token economics in the AI infrastructure of Anthropic.
Micron Technology Inc. (NASDAQ:MU) is engaged in developing storage and memory solutions. It offers products such as high-bandwidth memory, graphics memory, and more. The company also provides various types of multichip packages, such as flash storage-based and multimedia card-based multichip packages.
8. Broadcom Inc. (NASDAQ:AVGO)
Broadcom Inc. (NASDAQ:AVGO) is one of the top 10 AI stocks that will skyrocket.
On June 24, Broadcom Inc. (NASDAQ:AVGO) extended its strategic collaboration with Nationwide Building Society (LSE:NBS.L) to facilitate the continued technology transformation and the evolution of Nationwide’s hybrid cloud approach. Key to this phase is the implementation of VMware Cloud Foundation (VCF), which is used as the base layer for a fully embedded enterprise-grade private cloud system.
This collaboration provides Nationwide with support for integration and coordination across the organization following the company’s acquisition of Virgin Money. It also increases Nationwide’s ability to provide safer and more reliable digital services at scale. VCF is a unified private cloud system with embedded computing, networking, management, storage, and security solutions, along with intelligent operations and automation.
For Nationwide, this provides a standardized base for running cloud native, conventional, and ultimately AI-based applications, while maintaining the requirements of governance, performance, and compliance of a big banking provider in the UK. The expansion shows the commitment of Nationwide towards developing an advanced and private cloud that balances agility and operational control.
As Nationwide continues to upgrade its estate of technology, VCF will function as the key layer of infrastructure underpinning integration, continuity of service, and long-term operational efficiency within the organization.
Broadcom Inc. (NASDAQ:AVGO) is a technology company and a global supplier of semiconductor devices and infrastructure software services. The company delivers networking connectivity, wireless device connectivity, and servers and storage solutions. It also has an extensive suite of private cloud offerings such as VMware Cloud Foundation, Edge, telco cloud platform, private AI, and more.
7. Bitdeer Technologies Group (NASDAQ:BTDR)
Bitdeer Technologies Group (NASDAQ:BTDR) is one of the top 10 AI stocks that will skyrocket.
On June 29, Bitdeer Technologies Group (NASDAQ:BTDR) revealed that Tydal Data Center AS, its wholly-owned subsidiary, has signed a colocation lease agreement for its AI data center facility based in Norway. The agreement is not yet effective and is subject to the satisfaction of certain prerequisites beyond the company’s control. These include the execution of arrangements related to external suppliers and customers by the other party.
Bitdeer’s Chief Strategy Officer, Haris Basit, said that this development signifies an important milestone in Bitdeer’s implementation of its worldwide AI infrastructure strategy. He also stated that the company is eager to provide complete details of this agreement, including strategic context and terms, once the agreement becomes effective.
Earlier on June 24, Citizens initiated its coverage of Bitdeer Technologies Group (NASDAQ:BTDR) with a target price of $35, which leads to an upside potential of more than 120% at the current level. The firm assigned an Outperform rating to the stock, based on the company’s strategic shift towards HPC solutions for hyperscalers.
Citizens anticipates that this shift will prove highly beneficial, since it has enabled other players across the segment to outperform the S&P 500 over the last year.
Bitdeer Technologies Group (NASDAQ:BTDR) offers bitcoin mining capabilities across the entire lifecycle, including self-mining and services for external customers. For self-mining, the company has been effectively utilizing SEALMINER rigs to expand its hash rate. Apart from that, the company also designs chips and operates data centers.
6. Zeta Global Holdings Corp. (NYSE:ZETA)
Zeta Global Holdings Corp. (NYSE:ZETA) is one of the top 10 AI stocks that will skyrocket.
On June 30, Saken Ismailov from Freedom Broker initiated coverage of Zeta Global Holdings Corp. (NYSE:ZETA) with a target price of $28.50, implying upside potential of over 45%. The analyst assigned a Buy rating to the stock, based on his views that the company is strategically positioned to benefit from the broader enterprise-level pivot away from conventional marketing technology solutions that were highly fragmented. The focus is now more aligned towards integrated offerings that function as a unified marketing cloud, backed by artificial intelligence.
Earlier on June 24, Matt Bullock from Bank of America Securities increased his target price for Zeta Global Holdings Corp. (NYSE:ZETA) from $24 to $28. This results in an adjusted upside of more than 42%.
Bullock reaffirmed his Buy rating for the stock, following the company’s recent announcement of a 7-year strategic collaboration with Palantir Technologies Inc. (NASDAQ:PLTR). He anticipates this engagement to be a growth driver for Zeta in the coming years, although any substantial contribution towards the topline is not expected until 2027.
Zeta Global Holdings Corp. (NYSE:ZETA) provides enterprises with consumer intelligence and marketing automation software worldwide. The company operates the Zeta Marketing platform and Consumer Data Platform (CDP+) for unified customer profiles. It also offers Zeta Messaging, integrated data management, enterprise-scale delivery, and consumer data support.
While we acknowledge the potential of ZETA 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 ZETA and that has 100x upside potential, check out our report about the cheapest AI stock.
5. TeraWulf Inc. (NASDAQ:WULF)
TeraWulf Inc. (NASDAQ:WULF) is one of the top 10 AI stocks that will skyrocket.
On June 29, Citi initiated its coverage of the stock with a target price of $36, which yields more than 45% upside potential at the present level. The firm assigned a Buy rating, based on the company’s expansion into HPC solutions for data center operations. Citi projects rising demand across the segment and believes that TeraWulf’s current valuation does not truly reflect the company’s multi-year expansion opportunities.
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On June 15, Michael Funk from the Bank of America Securities initiated his coverage of TeraWulf Inc. (NASDAQ:WULF) with a target price of $34, yielding close to 38% upside potential at the prevailing level. The analyst assigned a Buy rating to the stock, noting that the company is pivoting away from the volatile BTC mining business to focus more on digital infrastructure that will support HPC operations.
Funk estimated that by 2030, TeraWulf’s developmental pipeline for digital infrastructure will touch around 1.8GW to 3GW of core IT load capacity. Further, the analyst highlighted strategic drivers for the foreseeable future, such as Lake Mariner developments expected to be completed by the end of this year.
Terawulf Inc. (NASDAQ:WULF) is a digital asset technology company that is heavily involved in bitcoin mining operations and high-performance computing. With sustainability at its core, the company operates energy-efficient data centers that use 90% zero-carbon energy for mining.
4. Palantir Technologies Inc. (NASDAQ:PLTR)
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the top 10 AI stocks that will skyrocket.
On July 1, Alex Karp, the Chief Executive Officer of Palantir Technologies Inc. (NASDAQ:PLTR) highlighted the company’s recent partnership with Nvidia Corp. (NASDAQ:NVDA) to provide safe AI services to U.S. government agencies, allies, and enterprises across the globe.
In a CNBC interview, Karp said that the frontier AI model developers, Anthropic and OpenAI, have limited protections for their clients’ intellectual property. Reflecting on trust issues that warfighters have with existing frontier AI model developers, he further stated:
“Then you have my enterprises in the private sector, who have the same issues like, ‘why would they get access to my data if they’re going to build my alpha? Why wouldn’t I control the weights?’ And that’s where you get this partnership.”
Earlier this week, Palantir announced that it is combining its new intelligence engine and Nvidia’s Nemotron open AI models to deliver mission-focused AI for government agencies and major infrastructure operators in the U.S.
This new platform allows agencies to tailor Nemotron models using their own data, maintain model weight ownership, and enhance performance via feedback. Palantir said that its Sovereign AI Operating System, developed on Foundry, Ontology, AIP, and Apollo, delivers the authorization, security, and audit features needed for sensitive government deployments.
Palantir Technologies Inc. (NASDAQ:PLTR) creates and uses software platforms to support counter-terrorism activities and investigations. The company’s products integrate with defense systems to provide situational awareness for improved operational decision-making.
3. NVIDIA Corp. (NASDAQ:NVDA)
NVIDIA Corp. (NASDAQ:NVDA) is one of the top 10 AI stocks that will skyrocket.
On July 1, Nvidia Corp. (NASDAQ:NVDA) disclosed a profit-sharing program developed to give model builders, AI startups, and businesses access to Nvidia’s computing framework, without the need for these entities to fund hardware buildouts. Under this arrangement, NVIDIA, in addition to product revenue, will receive a share of cloud revenue based on the capacity it supports, as AI cloud providers deliver NVIDIA-powered solutions to their end users.
In a blog post, the company’s Executive Vice President and Chief Financial Officer, Colette Kress, defined income as a repeated, usage-based revenue stream, while noting that it eliminates the need for location selection, building, energy procurement, and hardware installation before accessing hyperscale computing.
Nvidia said that this plan highlights a transition in AI demand from model building towards production inference tasks, needing continuous running of infrastructure at scale. The company also cited that access to high-cost computing resources was restricted historically, even with long-duration commitments.
The move comes as the company faces rising competition from specialized AI chips from cloud providers, including Amazon and Alphabet, which are extending access to in-house processors. Nvidia stock dropped 0.5% in premarket trading on July 2. According to the company statement, the model also intensifies the engagement as compared to ownership stakes in next-generation cloud firms like Nebius and CoreWeave.
NVIDIA Corp. (NASDAQ:NVDA) is a computing infrastructure company that has transitioned from PC graphics chips towards full-scale compute and networking solutions. It has now become a leading player within the AI and high-performance computing space. The company offers Data Center accelerated computing and networking platforms, along with automotive platforms and electric vehicle solutions.
2. Figma Inc. (NYSE:FIG)
Figma Inc. (NYSE:FIG) is one of the top 10 AI stocks that will skyrocket.
On June 25, Rishi Jaluria of RBC Capital reduced his target price for Figma Inc. (NYSE:FIG) from $28 to $22, resulting in an adjusted upside potential of more than 21%. Jaluria upheld his Sector Perform rating for the stock after taking part in the company’s 2026 User Conference and Investor Session.
The analyst mentioned that during the session, management revealed some creative tools and materials, shed light on the company’s extensive offerings, and how it plans to make progress toward a seat-plus-consumption framework. Despite having a sense of optimism regarding the company’s product innovation, the analyst views its offerings as being in an early stage. This makes it difficult to reliably estimate their impact on company financials.
Later on June 26, Michael Turrin from Wells Fargo also reduced his target price for Figma Inc. (NYSE:FIG) from $42 to $36, which still results in a lucrative upside potential of almost 100%. The analyst reiterated an Overweight rating on the stock, following participation in Config ’26, which has bolstered his confidence in the company’s prospects. He highlighted Figma’s impressive strategy around its design platform and intelligent canvas.
On June 24, the company announced new ways for its creative workflows to work alongside Weave workflows and Figma-specific frames, allowing designers to combine design and AI-generated creative production even further. This release made 20 AI image-creation tasks accessible as Weave tools, available through the left panel in Figma Design.
Figma Inc. (NYSE:FIG) operates a browser-based platform that helps teams build products through UI/UX design. It covers multiple stages of product development, including idea generation, prototyping, and design systems. It also offers various other tools such as Dev Mode, FigJam, Figma Slides, Figma Buzz, Figma Draw, and more.
1. IREN Ltd (NASDAQ:IREN)
IREN Ltd (NASDAQ:IREN) is one of the top 10 AI stocks that will skyrocket.
On June 29, IREN Ltd (NASDAQ:IREN) disclosed that it has been included in the Russell 1000 Index after the recent reconstitution of FTSE Russell Indexes. The inclusion became effective at the close of play on June 26.
Addition to the Russell 1000 Index, which is used as a performance benchmark for large-cap stocks, represents a key milestone for the company. It comes after persistent expansion of its customer base, as well as operations across the United States.
Back on June 18, Jonathan Petersen of Jefferies initiated coverage of the stock with a target price of $79, implying almost 73% upside for investors. The analyst assigned a Buy rating to the stock based on its vertically integrated, GPU-cloud approach.
Peterson reflected favorably on the company’s lucrative and sizeable pipeline of powered land. He acknowledged the company’s strategic pivot that has earned it a unique spot within the broader AI infrastructure segment.
Back on June 3, IREN Ltd. (NASDAQ:IREN) signed an agreement relating to power transmission connection, to facilitate a proposed 800MW data center campus based in South Australia. The project includes a high-voltage grid connection tied to the utility substation and is projected to start energization in 2028.
IREN Ltd. (NASDAQ:IREN) operates 100% renewable energy-based data centers across Australia and Canada. These data centers are vertically integrated and facilitate the company’s bitcoin mining operations. The company is now capitalizing on its mining assets and infrastructure for other functions such as AI cloud and high-density computing.
While we acknowledge the potential of IREN 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 IREN and that has 100x upside potential, check out our report about the cheapest AI stock.
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