The 3 Best Artificial Intelligence (AI) Growth Stocks to Buy on the Nasdaq Before Q1 Earnings Season
The 3 Best Artificial Intelligence (AI) Growth Stocks to Buy on the Nasdaq Before Q1 Earnings Season
Publish Date: 2026-04-21 09:26:00
Source Domain: www.theglobeandmail.com
Here are the four key points from the article:
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Nvidia’s Strong Performance Expected: After reporting a blowout quarter, it is expected that Nvidia will show continued strong performance in Q1, driven by increased spending by hyperscalers on data center capex and strong signals from its biggest customer, TSMC.
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Micron Anticipates Another Strong Quarter: Micron Technologies is expected to report another strong quarter, driven by skyrocketing prices for DRAM and NAND memory due to supply constraints, and the critical demand for high bandwidth memory for AI chips.
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AMD to Benefit from GPU and CPU Demand: AMD is poised to have a strong half-year with the supply constraints for GPUs and CPUs creating robust demand for their products. AMD’s new MI450 GPU and increasing demand in agentic AI also suggest a favorable outlook for the company.
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Considerations Before Investing in Nvidia: While Nvidia is a powerhouse, it was not one of the 10 best stocks recommended for immediate purchase by The Motley Fool Stock Advisor analysts. This emphasizes the importance of broader investment strategies and considering long-term growth potential beyond single stocks.
These points capture the primary highlights of the article regarding the anticipated performance of these tech companies and considerations for investors.