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15 handpicked stocks

Musk's AI Gambit

This carefully selected group of stocks represents companies that provide the essential hardware and infrastructure powering AI development. As Elon Musk funnels billions into xAI, these "picks-and-shovels" businesses are positioned to benefit from the resulting demand shock across the tech sector.

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Author avatar

Han Tan | Market Analyst

Updated 2 days ago | Published at Jul 14

About This Group of Stocks

1

Our Expert Thinking

When billions flow into AI development, the companies providing the underlying infrastructure stand to benefit most. This collection focuses on the hardware providers, chip makers, and data center operators that form the backbone of AI computing – regardless of which AI models ultimately win the market.

2

What You Need to Know

This theme represents a tactical investment opportunity tied to Musk's specific multi-billion dollar AI investment through xAI. The companies included span the entire AI value chain, from semiconductor manufacturers and specialized server providers to data center operators and networking equipment suppliers.

3

Why These Stocks

These companies were specifically selected because they provide critical infrastructure components needed for large-scale AI model development. As xAI and competitors accelerate their AI arms race, these suppliers are positioned to receive substantial orders for chips, servers, and data center capacity.

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

NVDA

NVIDIA Corporation

NVDA

Current price

$170.47

As the dominant provider of GPUs, Nvidia's hardware is the primary engine required to train and deploy large AI models like xAI's Grok, making it a di...

As the dominant provider of GPUs, Nvidia's hardware is the primary engine required to train and deploy large AI models like xAI's Grok, making it a direct beneficiary of the multi-billion dollar investment.

SMCI

Super Micro Computer, Inc.

SMCI

Current price

$52.68

A leading provider of high-performance servers optimized for AI, Super Micro Computer is poised to receive significant orders to build out the data ce...

A leading provider of high-performance servers optimized for AI, Super Micro Computer is poised to receive significant orders to build out the data center infrastructure needed by a heavily-funded new player like xAI.

INTC

Intel Corporation

INTC

Current price

$22.65

A foundational semiconductor manufacturer whose data center and AI-focused chips benefit from the broad industry-wide hardware investment spurred by t...

A foundational semiconductor manufacturer whose data center and AI-focused chips benefit from the broad industry-wide hardware investment spurred by the massive xAI fundraising.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+49.87%

Group Performance Snapshot

49.87%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 49.87% over the next year.

11 of 15

Stocks Rated Buy by Analysts

11 of 15 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

Riding the Musk Effect

When Elon Musk pours billions into a tech venture, it creates ripple effects throughout the industry. These companies are strategically positioned to catch that wave of spending.

🔍

The Hidden AI Winners

While everyone focuses on flashy AI companies, these behind-the-scenes providers supply the critical infrastructure that makes AI possible. No AI model works without their technology.

💰

Following the Money Trail

The multi-billion dollar investments flooding into AI development have to go somewhere. These companies represent the essential hardware and infrastructure where that money ultimately lands.

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