AMD is poised to become a growing competitive threat to Nvidia.
CoreWeave’s dedicated artificial intelligence (AI) cloud ecosystem benefits from rapid growth in demand.
Upstart could disrupt the loan evaluation market with its AI-powered tool.
10 Stocks We Like More Than Advanced Micro Devices ›
Artificial intelligence (AI) stocks led the market higher as some stocks in this part of the technology industry delivered huge gains for many investors. PalantirThe gain of more than 32 times from the 2022 low is a notable example.
The best part of the AI story is that it has probably only just begun. Grand View Research projects a compound annual growth rate (CAGR) of 31% through 2033.
That probably means other stocks have the potential to earn 10x by 2036. While a lot can happen in 10 years, these stocks are on track to achieve such gains as they help drive AI.
Image source: Getty Images.
Advanced microdevices (NASDAQ: AMD) it may seem like an odd choice. First, it is behind the market leader Nvidia in the AI chip industry and is up more than 13,000% from 2015 lows.
Still, AMD is poised to become the first company with the potential to match or possibly catch up with Nvidia in the AI accelerator market. The company has claimed that its upcoming MI450 accelerator will meet this goal, and it will likely be further and higher if it can meet this expectation.
Additionally, AMD’s processors continue to make it a force in the PC market, and its gaming and embedded segments will also benefit from the technology it has developed.
Furthermore, AMD forecasts a 30% CAGR for long-term revenue, rising to a 60% CAGR for the data center segment that designs its AI accelerators.
Investors may have already started to take notice, as AMD stock is up more than 70% over the past year. Also, while its P/E ratio of 105 might deter some investors, others are likely to buy the stock at its current forward P/E ratio of 53. Such levels make it easier to take a risk on this increasingly influential AI giant.
CoreWeave (NASDAQ: CRWV) has started to become a leading AI cloud platform.
Indeed, the tech giants love it Amazonof AWS and MicrosoftAzure leads the global cloud market. Still, CoreWeave has built a competitive edge with a cloud specifically tailored for AI workloads, especially when its ecosystem works with Nvidia GPUs.
In addition, CoreWeave takes on a task that most companies don’t want to do themselves, namely building and maintaining data centers. This means that more organizations will likely turn to CoreWeave instead of taking on this task in-house.
This demand is so strong that in the first nine months of 2025, revenues increased 204% annually to nearly $3.6 billion. However, costs and expenses rose by 263% over the same period due to the cost of meeting rapidly growing demand.
As a result, interest expense nearly quadrupled to $841 million over that period. Despite this increase, the net loss for the first three quarters of 2025 was $771 million, down from a loss of $857 million in the same period a year ago.
Of course, these losses and sell-offs in AI stock over the past few months could partly explain why CoreWeave stock is selling at about a 60% discount from its 52-week high. However, with a price-to-sales (P/S) ratio of just over 7, this bargain valuation and its rapid growth could set the stock up for massive gains.
upstart (NASDAQ: UPST) gained attention for its AI-based loan evaluation tool. Beautiful IsaacHis FICO score has dominated this market since 1989. However, that pattern hasn’t changed significantly over the years. This creates the potential opportunity for the Upstart to disrupt the market and capitalize on the “$1 trillion opportunity” in its industry.
The Upstart model uses more than 2,500 variables, applying AI to make its assessments. Moreover, its model now performs 91% of these assessments without human intervention. Also, in 2024, it is estimated that it could approve 101% more applicants than traditional tools, thanks to its model’s risk-separation abilities.
Like many tech stocks, Upstart fell at the start of the decade amid rising interest rates. Now, with interest rates falling again, revenue for the first nine months of 2025 was $685 million, up 57 percent from a year ago. With that, it returned to profitability, earning $35 million over the same period.
Despite those improvements, macroeconomic concerns have weighed on Upstart this year, and the stock is still down 88% from its post-pandemic high.
However, at a P/S ratio of around 5, investors can buy Upstart stock at a relatively low price. Given the company’s disruptive potential in the credit rating market, an eventual turnaround is within the realm of possibility.
Before buying stock in Advanced Micro Devices, consider the following:
The Motley Fool Stock Advisor the analyst team has just identified what they think they are 10 best stocks for investors to buy now… and Advanced Micro Devices was not one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you would have $505,749!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you would have $1,149,658!*
Now, it’s worth noting Stock advisor the total average return is 979% — a market-crushing outperformance compared to 195% for the S&P 500. Don’t miss the latest top 10 list, available with Stock advisorand join an investor community created by individual investors for individual investors.
See the 10 stocks »
*The Equity Advisor returns as of December 29, 2025
Will Healy has positions in Advanced Micro Devices, CoreWeave and Upstart. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Microsoft, Nvidia, Palantir Technologies and Upstart. The Motley Fool recommends Fair Isaac and recommends the following options: long January 2026 $395 calls on Microsoft and short $405 January 2026 calls on Microsoft. The Motley Fool has a disclosure policy.
3 High Conviction AI Stocks With 10x Potential by 2036 was originally published by The Motley Fool
