You don't have to buy risky stocks to invest in the AI boom.
Many people believe that to make millions in the stock market, you need to invest in speculative microcap stocks. While some of these high-risk investments can yield huge returns, they are more likely to end up underperforming, if not completely worthless.
However, the rapid growth of the artificial intelligence (AI) market provides an opportunity for large companies to rise to billionaire status. Here are three established tech stocks that could make you a millionaire thanks to the AI boom.
Image source: Getty Images.
1. Alphabet
Yes, Google's parent company alphabet (Google +1.02%) (GOOG +1.05%) Although the company is already worth more than $1 trillion, there is still a lot of investment potential in the company, as evidenced by its staggering 64.8% stock price growth rate in 2025.
Today's changes
(1.02%) $3.31
current price
$328.75
Key data points
Market capitalization
$4.0 trillion
daily range
$325.85 – $330.82
52 week range
$140.53 – $330.83
volume
925K
average volume
36M
gross profit
59.18%
dividend yield
0.25%
Investing in AI is expensive, so deep-pocketed tech giants like Alphabet have an advantage over smaller, cash-strapped companies when it comes to AI development. And what if a small startup showed it could beat Alphabet at its own game? Alphabet has nearly $100 billion in cash on its balance sheet and could swallow smaller rivals whole.
But the company may not need to rely on acquisitions to stay ahead in the AI race. The latest version of Google's Gemini AI, specifically the Nano Banana image generation tool, has performed evenly in direct tests with OpenAI's latest ChatGPT.
Image source: Getty Images.
Most AI companies rely on limited supplies of graphics processing units (GPUs). Nvidia (NVDA 0.05%)Alphabet has been developing its own tensor processing units (TPUs) for many years and offers them to customers through Google Cloud Platform. Some analysts have suggested that Google's TPU and DeepMind AI divisions alone could be worth $900 billion.
Beyond AI, the company's legacy businesses, including advertising on YouTube and its flagship Google search, continue to show double-digit growth rates. Despite its size (or, in fact, because of its size), Alphabet stock looks likely to be a big winner in the AI space.
Image source: Micron Technology.
2. Micron Technology
We've talked about Nvidia's powerful GPUs and Alphabet's deep learning TPUs, but let's take a look at a much smaller and less talked about chipmaker.
micron technology (MU +5.50%) is the third largest player in the global memory chip industry. Unlike GPUs and TPUs, which handle data processing, memory chips store the data themselves in different ways depending on how they are accessed.
For example, dynamic random access memory (DRAM) is a type of memory chip that temporarily stores data that the GPU or TPU needs to access quickly.
Micron's main competitors in the memory chip market are two South Korean companies: SK Hynix and SK Hynix. samsung. Together, the three produce about 95% of the world's supply of DRAM, including a specific type of large-capacity DRAM essential for AI applications called high-bandwidth memory (HBM). All DRAM, especially HBM, is so complex to manufacture that nearly all of the world's supply is produced by these three manufacturers.
Today's changes
(5.50%) $17.97
current price
$344.99
Key data points
Market capitalization
$388 billion
daily range
$326.25 – $345.79
52 week range
$61.54 – $346.30
volume
1.5M
average volume
27M
gross profit
45.56%
dividend yield
0.13%
Given supply constraints and surging demand, Micron is in the enviable position of being able to raise prices, resulting in companywide gross profit margins of over 50%. Those margins could increase further as the company shuts down its consumer memory business to focus on the high-margin AI market and adds $200 billion worth of manufacturing facilities in the U.S. to increase DRAM capacity.
With huge profit margins, double-digit year-over-year sales growth, and a valuation of just 8.8 times expected earnings, Micron looks like the stock of a billionaire manufacturer.
Image source: Nvidia.
3. Nvidia
Many are wondering whether NVIDIA still qualifies as a billionaire-making AI stock, given its status as the world's largest company with a $4.5 trillion valuation and an impressive 1,330% stock return over the past five years. But the real question is, why? won't do that Can you become a millionaire maker from here?
Today's changes
(-0.05%) $-0.09
current price
$184.95
Key data points
Market capitalization
$4.5 trillion
daily range
$183.70 -$186.34
52 week range
$86.62 -$212.19
volume
3.8M
average volume
186M
gross profit
70.05%
dividend yield
0.02%
Yes, the company is big, but its dominance in the GPU market is currently unrivaled. Its top-of-the-line GPU is the gold standard for AI data processing and computing power in general.
Over the years, several companies have been touted as potential “Nvidia killers,” including Chinese newcomer DeepSeek and its American rival. AMDBut none of these have been able to crack Nvidia's dominance.
Speaking at the CES Technology Showcase in Las Vegas this week, Nvidia CEO Jensen Huang acknowledged that both AMD and Google are becoming more competitive in the processor market. But he also announced that the company's next-generation chips, which are said to be five times faster than previous generations when used in AI applications, are already in mass production.
Despite selling out of some of its most popular products, sales rose 62% year-over-year and earnings per share rose 67% in the most recent quarter. It is the clear leader in the AI industry and shows no signs of slowing down. This easily gives Nvidia stock the potential to make you a billionaire.
