10 AI Stocks I'd Buy Right Now

Core Insights - AI stocks have experienced a significant sell-off over the past 30 days, leading to potential bargains for long-term investors [1][2] - The infrastructure buildout for AI is accelerating, creating opportunities for investors willing to buy during market corrections [2][16] Company Summaries - Alphabet (GOOGL): Competes with Nvidia through its Tensor Processing Unit (TPU) chips, holding a market cap of nearly $4 trillion and strong positions in AI software and hardware [3][4] - SoundHound AI (SOUN): Develops conversational AI software for various applications, presenting an attractive entry point as a pure-play voice AI stock [5] - Navitas Semiconductor (NVTS): Designs power semiconductors that support Nvidia's next-gen data centers, offering exposure to AI infrastructure at lower valuations [6] - Applied Digital (APLD): Transitioned from Bitcoin mining to AI data centers, providing long-term revenue visibility through contracts with AI cloud providers [7] - Nvidia (NVDA): Dominates the AI workload market with its GPUs, maintaining a reasonable valuation despite past performance [8] - IREN: Operates renewable-powered data centers for GPU cloud services, securing a significant contract with Microsoft [9] - Nebius Group (NBIS): Offers AI infrastructure solutions and has secured approximately $20 billion in contracts with major tech companies [10][12] - CoreWeave: Operates a cloud platform tailored for AI, with substantial revenue commitments from leading firms [12] - ASML Holding (ASML): Manufactures essential lithography machines for semiconductor production, holding a monopoly position in the AI chip market [13] - Advanced Micro Devices (AMD): Designs CPUs and GPUs for various applications, providing a more reasonably valued alternative to Nvidia [14][16] Market Context - The recent sell-off in AI stocks reflects market skepticism rather than a decline in demand, with hyperscaler capital expenditures increasing and backlogs expanding [16][17]