Top AI Stocks to Watch as Market Poised for $300 Billion Growth by 2026
Nvidia maintains its stranglehold on the AI hardware sector, with 44 of 48 analysts issuing Strong Buy ratings. The chipmaker's $252.33 average price target suggests 39% upside potential from current levels. Data center demand continues driving growth as hyperscale clients snap up GPUs for large language model training.
Taiwan Semiconductor's AI-related revenue tripled last quarter, fueling 41% overall sales growth. Analysts project 25% further upside for the semiconductor foundry giant. Broadcom anticipates $19-30 billion in AI revenue by 2026 following a 63% quarterly surge in AI chip sales.
Microsoft's Azure cloud platform grew 40% year-over-year, with unanimous Buy ratings from all 34 covering analysts. The software titan stands to gain 30% based on consensus targets. Alphabet continues embedding AI across search and cloud services, recently launching its Gemini 3 model to enhance advertising efficiency.
