The Top AI Semiconductor Stocks to Buy Right Now

By Keithen Drury – Apr 3, 2026 at 9:37AM ESTKey PointsMicron and Taiwan Semiconductor are capitalizing on multi-year growth trends. Nvidia and Broadcom are both seeing huge demand for their cutting-edge chips. Semiconductor stocks are the top way to play the AI arms race, in my opinion. Nobody knows what fully profitable generative AI businesses will look like, and many of these companies are private, so investors don't have access to current financials. However, one incredibly obvious thing is the amount of money these companies are spending on computing equipment. This vaults semiconductor stocks into the leadership role on how to invest in this space. The best part is, these companies are making a boatload of money right now, making them far less risky than some other ways to invest in AI. I think these four stocks are among the best ways to invest. Image source: Getty Images.

Taiwan Semiconductor Manufacturing Starting with the most neutral way to invest in AI semiconductor stocks, Taiwan Semiconductor Manufacturing (TSM 0.83%) should be an easy pick for nearly every investor in this space. Taiwan Semiconductor is the world's leading chip fabrication company, providing logic chips to nearly every company competing in the AI arms race. Because it's positioned as a neutral provider, it has deep ties with several companies that would be considered competitors. ExpandNYSE: TSMTaiwan Semiconductor ManufacturingToday's Change(-0.83%) $-2.84Current Price$338.65Key Data PointsMarket Cap$1.8TDay's Range$326.75 - $342.0252wk Range$134.25 - $390.20Volume534KAvg Vol14MGross Margin58.73%Dividend Yield0.99% TSMC, as it's also known, expects the AI chip market to continue booming, and has guided for a mid- to high-50% compound annual growth rate (CAGR) between 2024 and 2029. To meet that demand, the company is spending between $52 billion and $56 billion on capital expenditures this year. That should give investors some confidence that the AI buildout is far from over, and Taiwan Semiconductor will be a leader along the way.

Micron Micron Technology (MU 0.44%) is similar to Taiwan Semiconductor, except it makes memory chips. Memory chips for AI computing units have been in a massive demand crunch, and this has caused prices for them to skyrocket. While those prices have cooled off a bit thanks to Google's TurboQuant algorithm that reduces memory needs, the reality is that the high-bandwidth memory (HBM) bottleneck will still be there, as AI developers will find other ways to use that memory. ExpandNASDAQ: MUMicron TechnologyToday's Change(-0.44%) $-1.61Current Price$366.24Key Data PointsMarket Cap$413BDay's Range$340.20 - $366.9452wk Range$61.54 - $471.34Volume51MAvg Vol41MGross Margin58.54%Dividend Yield0.14% From 2025 to 2028, Micron expects the HBM market to expand from $35 billion to $100 billion. That's a huge multiyear growth trajectory, and makes Micron a strong buy, especially after the market realizes that memory chips will still be in huge demand over the next few years. Broadcom Moving to the next type of company, Broadcom (AVGO +0.29%) is another genius AI semiconductor play. While Broadcom doesn't manufacture semiconductors, it designs the devices that utilize them. One of the biggest innovations to land in the AI sector is the rise of custom AI chips, which are specifically designed for a certain workload. These chips can produce better results than a more broad-purpose computing unit, such as those made by Nvidia (NVDA +0.87%). ExpandNASDAQ: AVGOBroadcomToday's Change(0.29%) $0.90Current Price$314.39Key Data PointsMarket Cap$1.5TDay's Range$301.76 - $314.6852wk Range$138.10 - $414.61Volume662KAvg Vol27MGross Margin64.96%Dividend Yield0.79% The popularity of these chips is spiking, and Broadcom is going to benefit massively as a result. By the end of 2027, these chips could produce more than $100 billion annually. With Broadcom generating $68 billion over the past 12 months companywide, that indicates huge growth ahead. Nvidia Nvidia and Broadcom are similar investment types, as they are both chip designers that turn the manufacturing capabilities of Micron and Taiwan Semiconductor into usable products. Nvidia's GPUs are the industry standard in the computing world, and nothing looks to change that, especially with the massive growth expected for this year. The average Wall Street analyst estimates Nvidia's revenue will rise 71% this year and 30% next year. Despite that, Nvidia's stock trades for a mere 20.2 times forward earnings. For reference, the S&P 500 trades for 20.4 times forward earnings. This is a rare buying opportunity to scoop up a generational growth stock for cheap, and investors would be foolish to let this opportunity slip away.Read NextApr 3, 2026 •By Manali Pradhan, CFA1 Reason Why April 10 Could Be Huge for Taiwan Semiconductor ManufacturingApr 2, 2026 •By Parkev Tatevosian, CFAI'm Upgrading This Unstoppable Semiconductor Stock to a BuyApr 2, 2026 •By Brett Schafer2 Industrial Stocks You'll Wish You Bought in 2026 a Decade From NowApr 1, 2026 •By Harsh ChauhanPrediction: Nvidia's Vera Rubin Platform Will Create at Least 2 New Artificial Intelligence (AI) Millionaire-Maker Stocks by the End of 2026Apr 1, 2026 •By Lyle DalyThe Largest Companies by Market Cap in April 2026Mar 30, 2026 •By Danny Vena, CPA1 Brilliant Growth Stock to Buy Before It Joins Nvidia, Apple, and Alphabet in the $3 Trillion ClubAbout the AuthorKeithen Drury is a contributing Motley Fool technology analyst covering AI, semiconductors, cybersecurity, and SaaS stocks. In addition to The Motley Fool, Keithen is a mechanical engineer and has held roles at Honeywell and smaller industrial companies like Brand Hydraulics and Lincoln Industries. He holds a bachelor’s degree in mechanical engineering from Dordt University.TMFTripleOptionStocks MentionedTaiwan Semiconductor ManufacturingNYSE: TSM$338.65(-0.83%)-$2.84BroadcomNASDAQ: AVGO$314.39(+0.29%)+$0.90NvidiaNASDAQ: NVDA$177.28(+0.87%)+$1.53Micron TechnologyNASDAQ: MU$366.24(-0.44%)-$1.61*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.