In this article, we will list the Top 5 AI Stocks to Buy According to Billionaire Philippe Laffont. Please visit Top 10 AI Stocks to Buy According to Billionaire Philippe Laffont if you would like to see the extended list and the methodology behind it.
5. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
Coatue Management Equity Stake: $1.1 Billion
NVIDIA Corporation (NASDAQ:NVDA) is one of the top AI Stocks to buy according to billionaire Philippe Laffont. On June 29, Bit Origin, an emerging AI computing infrastructure company, announced an agreement to the acquire about $11 million worth of NVIDIA Corp (NASDAQ:NVDA)’s Blackwell B300 AI infrastructure assets.
The Singapore-based company will fund the purchase with $1 million in cash and $10 million in equity issued through pre-funded warrants. The transaction also includes customer deployment agreements and hosting contracts tied to the AI infrastructure.
The assets acquired include 16 Nvidia Blackwell B300 AI servers slated for delivery in the third quarter. The company is to deploy the servers at a data center facility in Malaysia. Following their delivery and deployment, Bit Origin expects to generate about $360,000 in recurring monthly revenue before operating expenses.
The purchase comes on the heels of the Financial Times reporting on June 24 that Nvidia AI chips have doubled in price in China’s black market. The sudden spike in prices comes as the US ramps up a crackdown on illicit exports amid strong demand from Chinese companies.
NVIDIA Corporation (NASDAQ:NVDA) is the primary provider of the hardware, software, and infrastructure that power modern artificial intelligence. The company has evolved into a full-stack AI ecosystem. It controls the global market for AI chips used to train and deploy advanced models.
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 265
Coatue Management Equity Stake: $1.24 Billion
Alphabet Inc. (NASDAQ:GOOGL) is one of the top AI stocks to buy according to billionaire Philippe Laffont. On June 30, Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud’s positioning in enterprise AI development received significant support from Anthropic.
Anthropic launched Claude Apps Gateway for Google Cloud and Amazon Bedrock, a development that centralizes policies, enables role-based access, and provides per-user cost contribution. Additionally, the new gateway securely manages upstream credentials, authenticates developers, and reports usage to a customer. The new features align with Google Cloud’s enterprise-first strategy and assert Alphabet’s growing credentials as a preferred platform for modular AI development.
Meanwhile, on June 30, Morgan Stanley reiterated an Overweight rating on Alphabet and raised the price target to $415 from $375.The new price target represents significant upside potential, as the stock has dropped about 10% over the past month to about $353 a share. According to the investment bank, Alphabet’s fundamentals are improving into 2027 and 2028, presenting a tactical buying opportunity as an AI stock.
Alphabet Inc. (NASDAQ:GOOGL) is a leader in artificial intelligence, providing solutions across every layer of the technology stack. Through Google and deep-tech research labs, Alphabet builds generative AI models like Gemini, self-driving vehicles (Waymo), AI hardware and cloud infrastructure, and AI-driven medical breakthroughs (Isomorphic Labs).
3. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 262
Coatue Management Equity Stake: $1.61 Billion
Meta Platforms, Inc. (NASDAQ:META) is one of the top AI stocks to buy according to billionaire Philippe Laffont. On June 29, reports emerged indicating Meta Platforms, Inc. (NASDAQ:META) is restricting its engineers from using Anthropic’s Claude Code and OpenAI’s Codex. The restriction comes amid concerns that outputs from the AI tools could end up in the company’s AI training data through distillation.
The Information reports that Meta Platforms has instructed its teams to pause certain tasks that use third-party AI models. The point of concern is that allowing rival AI outputs to seep into Meta’s training data could trigger escalations with partner companies. Therefore, the concern is not purely about competitive intelligence.
Meanwhile, Google has reportedly placed a limit on Meta’s use of Gemini AI models. The restriction comes on the social networking giant gaining access to more computing capacity that Google could provide. In March, the search giant warned Meta that it was not in a position to provide all the Gemini capacity required.
Meta Platforms, Inc. (NASDAQ:META) invests tens of billions in AI infrastructure to power its platforms and drive hardware innovation. Meta AI operates as a multimodal assistant integrated across WhatsApp, Instagram, Messenger, and Facebook. It also develops and open-sources the Llama family of large language models, allowing developers and organizations to build custom AI.
2. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 353
Coatue Management Equity Stake: $1.65 Billion
Amazon.com, Inc. (NASDAQ:AMZN) is one of the top AI Stocks to buy according to billionaire Philippe Laffont. On June 29, Park Ha Biological Technology inked a strategic cooperation with Amazon.com Inc. (NASDAQ:AMZN) as part of its global expansion plan targeting the North American Personal care market.
The Chinese technology-driven skincare brand has already begun executing four key tasks, including store qualification registration, Amazon brand registry enrollment, and establishing a compliance framework. The launch on the Amazon platform is expected to broaden Park Ha Biological’s growth opportunities in the personal care sector.
The initiative is part of the company’s plan to capitalize on more than 310 active Amazon buyers each year, especially in the US market. Park Ha Biological expects Amazon to help it achieve international brand recognition and create new revenue opportunities while remaining committed to quality and transparency.
The collaboration comes on Amazon, announcing on June 25 plans to build India’s largest delivery-in-minutes network by scaling Amazon Now. The company plans to enable deliveries in over 300 cities across the country. Amazon Now is the fastest-growing eCommerce business unit in Amazon India’s history.
Amazon.com, Inc. (NASDAQ:AMZN) embeds artificial intelligence across its entire business—from cloud computing infrastructure and enterprise development tools to consumer devices and global logistics. Its AI efforts span foundation model development, customized AI chips, and highly automated retail and delivery operations.
1. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)
Number of Hedge Fund Holders: 234
Coatue Management Equity Stake: $3.14 Billion
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is one of the top AI stocks to buy, according to billionaire Philippe Laffont. On June 29, Barclays reiterated that Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is well positioned for robust growth amid strong demand for advanced logic wafer supply.
According to Barclay’s analyst Simon Coles, the market is clamoring for advanced logic wafer supply, which is translating into booming business for the company. Amid the strong market demand, the investment bank has reiterated an Overweight rating on the stock and hiked the price target to $625 from $470. The new price target represents significant upside potential as the stock is trading at about $455 a share.
Barclays insists that Taiwan Semiconductor Manufacturing is one of the top investment plays for gaining exposure to artificial intelligence. The research firm expects the company’s competitive edge to continue growing as capital expenditures are poised to increase from $56 billion in 2026 to $74 billion in 2027.
S&P Global Ratings has already affirmed its AA- long-term issuer credit rating on the stock, impressed by the market leadership in the global semiconductor foundry sector.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is the vital manufacturing backbone of the global AI industry. While it does not design chips itself, it produces over 90% of the world’s most advanced leading-edge semiconductors, fabricating the processors that power AI data centers, autonomous systems, and generative AI models.
While we acknowledge the potential of TSM 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 TSM and that has 100x upside potential, check out our report about the cheapest AI stock.
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