Prediction: These 3 Artificial Intelligence (AI) Stocks Will Be the Top Performers to End 2026

Although it's hard to say, 2026 is well over halfway done, and we've arrived at the back third of the year. While some investors may be thinking about 2027, there are still plenty of screaming bargains available in 2026. Three that I've got my eyes on are Nvidia (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO), and Micron Technology (NASDAQ: MU).

Each of these companies projects monster growth in 2027, yet they look underpriced in 2026. The time to buy these stocks is now, and investors should pounce on the current opportunity.

Image source: Getty Images.

Nvidia

Nvidia has been a market-leading stock since the AI arms race kicked off in 2023. It still hasn't relinquished that title, and as long as there is heavy spending on AI computing equipment in data centers, Nvidia will be a must-own stock. It backed up this status by guiding for 70% revenue growth next year -- an impressive figure considering how large Nvidia is.

With the AI build-out expected to last until at least 2030, Nvidia is well positioned to make a multiyear run as one of the best investments in the market. Despite its high-profile status, the stock is actually priced pretty cheaply. It trades for less than 15 times next year's earnings, which is a dirt cheap stock price to pay.

NVDA PE Ratio (Forward 1y) data by YCharts

Nvidia has a ton of upside ahead, and if it can continue growing beyond 2027, the returns on the stock will be incredible.

Broadcom

One of Nvidia's rising competitors is Broadcom. Nvidia has a strong grip on the GPU market, and any new entrant will have a tough road ahead. Broadcom may be competing with Nvidia, but it isn't trying to launch the same product. Instead, it's partnering directly with AI hyperscalers to develop custom AI chips, purpose-built for the end workloads they will see.

This results in a unit that offers better performance at a lower cost than Nvidia's GPUs, but with limited applications. Custom AI chips are becoming increasingly popular among AI hyperscalers, and with Broadcom scaling production for its major clients (like Alphabet, OpenAI, and Anthropic), it's well-positioned to deliver high growth.

Similar to Nvidia, Broadcom has offered multi-year projections, including AI semiconductor revenue doubling in 2027 and again in 2028. Also similar to Nvidia, when valued using next year's earnings, Broadcom's stock looks pretty cheap.

AVGO PE Ratio (Forward 1y) data by YCharts

Broadcom is in a great spot to buy right now, as if its projections pan out, the stock will easily deliver market-crushing returns.

Micron Technology

Last up is Micron, which has already tripled this year. Despite its strong rise to start 2026, there's plenty more in the tank. Micron makes memory chips, which are in short supply thanks to all production capacity being consumed by the AI hyperscalers.

While Micron is working on increasing its production, new facilities won't be online until mid-2027 to 2028. As a result, the supply-constrained market it is in will last for some time, and its management team has told investors they should expect the market to recover not until at least 2028.

That's a long way out, and leaves plenty of room for Micron to run, especially with how cheap it is. Micron's stock trades for the cheapest price tag of all: Six times next year's earnings. This price tag showcases that the market is worried about the strength of the memory chip business and how it will fare once the supply crunch is figured out.

While that's a fair item to be worried about, the reality is that the memory chip market may never return to its previous state, and that some of Micron's gains may be here to stay. That makes Micron a bit of a high-risk, high-reward investment, but with how the AI buildout is expected to progress over the next few years, I think it's an investment worth making.

Keithen Drury has positions in Alphabet, Broadcom, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Broadcom, Micron Technology, and Nvidia. The Motley Fool has a disclosure policy.