Capital DailyCapital Daily
Markets · Investing · Business
Capital DailyCapital Daily
Finance

3 Stocks to Buy as AI Infrastructure Continues to Surge

With increased AI infrastructure spending, Nvidia, SK Hynix, and TSMC all look like good buys.

3 Stocks to Buy as AI Infrastructure Continues to Surge

Published August 4, 2026 · Category: Finance

Overview

With Alphabet and Amazon recently upping their 2026 capital expenditure (capex) budgets and signaling they will spend even more in 2027, now may be a good time to invest in stocks set to benefit from this spending spree. Best of all, many of these stocks are trading well off their highs after earlier fears that artificial intelligence (AI) infrastructure capex might slow, which it now shows no signs of doing.

Let's look at three top AI stocks to buy right now.

Details

Nvidia (NASDAQ: NVDA) remains one of the best ways to play the infrastructure boom. The company continues to see rapid growth, and the stock is cheap, trading at a forward price-to-earnings (P/E) ratio of just 16 times fiscal 2028 (ending January 2028) analyst estimates.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.