Jennifer Saibil, The Motley Fool

Mon, Jun 30, 2025, 3:45 AM5 min read

• Nvidia's semiconductors are the key to AI proliferation in the coming years.

• Meta sees a future with ad processes simplified through AI.

• Amazon is building a comprehensive platform for AI app development.

• 10 stocks we like better than Nvidia ›

It looks like artificial intelligence (AI) is here to stay. Unlike many catch phrases and buzzwords that have come and gone in the markets over the past few years, AI is driving real-world progress and generating billions of dollars in sales for top companies.

Can it go on? According to Statista, the AI market is expected to increase at a rate of 26.6% annually through 2031, reaching more than $1 trillion. Many of today's best tech companies are giving it their all, developing competitive AI businesses to grab a chunk of that market as it grows. Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN) are all leading the way, and they're three no-brainer AI stocks to buy today.

Nvidia is a huge company that's still growing by leaps and bounds. It's a very rare situation for a company that already has $148 billion in trailing-12-month revenue to report growth of 69%, but that's what Nvidia did in its 2026 fiscal first quarter (ended April 27).

It's expecting to slow down, guiding for sales to increase 50% in the second quarter. That's still an unusual and amazing feat for a company of its size.

Nvidia is the leader in its industry, which is semiconductors, or the chips that drive most of today's technology. According to some estimates, it has 95% of the AI chip market. As AI grows, Nvidia gets a huge share of that growth. It's constantly upgrading its technology with new products that can handle higher workloads, ensuring that it stays in the leading position.

Although it has products in multiple categories, it's the AI chips that have catapulted it to the top of the tech heap, brought it to broad market attention, and briefly made it the most valuable company in the world. As it continues to lead and create improved products that all of its partners need, it could get there again soon.

Considering its position and opportunities, it might surprise you that Nvidia stock isn't very expensive. It trades at a forward 1-year P/E ratio of 27, making it a no-brainer buy today.

Meta is a social media giant, owning brands including Facebook, Instagram, and WhatsApp. It uses AI in many important ways to drive business, from feeding users content they're looking for to keep them scrolling (and viewing ads) to providing a chatbot fueled by its own powerful large-language model.