5 Stocks to Buy as AI Enthusiasm Continues to Drive Semiconductor Sales

Core Insights - The semiconductor market is experiencing significant growth driven by strong demand for microchips, particularly due to the enthusiasm surrounding artificial intelligence (AI) [1][5][9] - Global semiconductor sales reached $72.7 billion in October 2025, marking a 4.7% increase sequentially and a 27.2% increase year-over-year [3][9] - Major investments in AI and partnerships among tech giants are expected to further boost semiconductor sales in the coming years [6][7] Semiconductor Market Performance - Global semiconductor sales totaled $208.4 billion in Q3 2025, reflecting a sequential surge of 15.8% [4] - The Semiconductor Industry Association (SIA) forecasts record-breaking global market growth, with sales projected to approach $1 trillion by 2026 [3] AI Impact on Semiconductor Demand - The AI sector is driving demand for microchips, with significant investments from major tech companies [5][6] - Amazon's $38 billion partnership with OpenAI and Microsoft's $9.7 billion deal with IREN Limited are notable examples of deals expected to enhance semiconductor sales [7] Semiconductor Stocks with Growth Potential - Analog Devices (ADI): Expected earnings growth rate of 25%, Zacks Rank 2 [10] - Silicon Laboratories (SLAB): Expected earnings growth rate over 100%, Zacks Rank 2 [12] - Taiwan Semiconductor Manufacturing Company (TSM): Expected earnings growth rate of 43.9%, Zacks Rank 2 [14] - NVIDIA Corporation (NVDA): Expected earnings growth rate of 54.5%, Zacks Rank 1 [16] - ASML Holding N.V. (ASML): Expected earnings growth rate of 39.5%, Zacks Rank 2 [18]