20 Best Data Center Stocks to Buy According to Billionaires

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1. NVIDIA Corp. (NASDAQ:NVDA)

Number of Billionaire Investors: 29

Billionaire Holdings: $33.2 billion

Number of Hedge Fund Holders: 223

NVIDIA Corp. (NASDAQ:NVDA) stands as a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company’s GPUs are essential to high-performance computing, AI training, and inference, serving as the backbone of data center infrastructure worldwide. Its cutting-edge technology continues to drive advancements in artificial intelligence, deep learning, and data analytics, reinforcing the company’s pivotal role in shaping next-generation computing.

NVIDIA Corp. (NASDAQ:NVDA) posted robust Q4 2025 earnings on February 26, exceeding already high expectations. Revenue surged 78% year-over-year to $39.3 billion, while data center sales climbed 16% sequentially to $35.6 billion. Adjusted EPS grew 10% quarter-over-quarter to $0.89, and the company’s Q1 2026 revenue guidance of $43 billion surpassed forecasts, though its gross margin outlook was slightly weaker. The company has also swiftly ramped up Blackwell AI supercomputer production, generating billions in sales in its first quarter.

On March 12, investor sentiment turned highly optimistic after BofA analyst Vivek Arya described NVIDIA Corp. (NASDAQ:NVDA) as trading at an attractive valuation ahead of its much-anticipated GPU Technology Conference starting March 17. The event is expected to unveil major advancements in NVIDIA’s technology pipeline, including updates on Blackwell Ultra, Rubin, and next-generation networking aimed at improving scale-up capabilities. Additionally, key insights are expected into NVIDIA’s long-term opportunities in autonomous vehicles, physical AI, robotics, and quantum computing, reinforcing its strong growth trajectory. Arya reiterated his Buy rating on the stock and maintained a $200 price target.

Notably, we also featured NVIDIA Corp. (NASDAQ:NVDA) as one of our top picks in the ‘Growth at a Reasonable Price (GARP)’ stocks to buy now. The full article, published on March 10, can be accessed here.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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