8 Fastest Growing AI Stocks To Buy Right Now

1. NVIDIA Corporation (NASDAQ:NVDA)

Year-Over-Year Revenue Growth Rate: 114.20%

3-Year Revenue CAGR: 69.25%

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is an American multinational corporation and technology company that designs and manufactures AI-driven solutions, advanced chips, systems, and software. The company’s graphics processing units (GPUs) are used in AI solutions and are considered the backbone of AI infrastructure. NVIDIA Corporation (NASDAQ:NVDA) is one of the fastest-growing AI stocks to invest in.

On February 27, 2025, Bernstein analyst Tom O’Malley increased the firm’s price target for NVIDIA Corporation (NASDAQ:NVDA) from $175 to $185 and maintained an “Outperform” rating. The analyst noted that the company’s Q4 results were “very solid,” highlighting record data center revenues of $35.6 billion. This performance was driven by a rapidly accelerating Blackwell ramp-up. O’Malley viewed NVIDIA Corporation’s (NASDAQ:NVDA) Q1 guidance as “fine,” noting it exceeded revenue expectations and was roughly in line with earnings forecasts. The earnings call was described as “relatively quiet,” suggesting NVIDIA Corporation (NASDAQ:NVDA) has overcome its main production challenges with all Blackwell configurations now in full production.

Overall, NVDA ranks first among the 8 fastest-growing AI stocks to buy right now. While we acknowledge the potential of these high-growth stocks, our conviction lies in the belief that some 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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