Jabran Kundi
8 min read
AI stocks have been some of the market’s biggest winners in 2026. By early October, chip stocks alone had soared more than 80% for the year. The past few weeks have been rougher, though. Rising interest rates and worries about how the AI build-out will be paid for have sparked a sharp selloff in tech. If you would like to take exposure to oversold AI stocks, you can also explore 10 Oversold AI Stocks: Where Wall Street Analysts Are Spotting 50%+ Upside. When stocks grow this fast, expectations climb just as quickly. Broadcom CEO Hock Tan, whose company is one of AI’s biggest winners, recently warned that those expectations may have gone too far. Check the full list of 10 Fastest-Growing AI Stocks to Buy Now.
On October 12, speaking at a conference in Singapore, he said:
A lot of investors have no clue what they’re investing in, but set very extreme expectations, only to find out that it’s almost like they are in a casino gambling.
The irony in that warning is that Broadcom’s own AI chip revenue more than tripled from a year earlier in its latest quarter. Nvidia CEO Jensen Huang sees things differently. He believes demand for AI infrastructure will outrun the supply of parts needed to build it for years to come.
I think both of them are right, just about different things. Tan is right that many investors buy anything linked to AI and expect it to keep soaring. Huang is right that the demand for AI is real and still growing. The way to stay out of the casino is to own companies already making money from that demand. When a company’s profits are rising fast, its stock price has something solid behind it. Those are the kinds of companies this list focuses on. We have broadened the list to include the 10 Fastest-Growing AI Stocks to Buy Now. The top 5 selections are featured below.
Methodology
To come up with the list of the top 10 fastest-growing AI stocks to buy now, I looked at AI companies that grew their earnings by more than 30% this year and are expected to grow their next year’s earnings by at least 30%. These companies have a market cap of at least $20 billion, so they are established firms that should stay relevant even if AI infrastructure spending slows down. They are also popular among US hedge funds and are listed in ascending order of their next year’s earnings growth rate.
5. Broadcom Inc. (NASDAQ:AVGO)
Broadcom Inc. (NASDAQ:AVGO) operates as a developer of custom AI accelerators and networking chips. Major cloud providers and AI labs rely on its products to build their compute infrastructure. The company has grown its EPS by 71.91% this year and is estimated to grow 65.31% next year. It delivered a strong fiscal third quarter, with revenue rising 86% to $29.6 billion. AI semiconductor revenue more than tripled to $16.7 billion.
