June 5, 2025

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Nvidia, TSMC, SoundHound AI, ChatGPT and OpenAI

This news brief covers recent developments and trends in the AI sector, highlighting key players and emerging opportunities. Several companies, including Dell, Nvidia, and Taiwan Semiconductor Manufacturing (TSMC), are identified as strong AI stocks due to their roles in AI hardware and chip manufacturing. Dell is experiencing high demand for AI-optimized hardware, while Nvidia's AI products are driving sales growth. TSMC leads in AI chip manufacturing using its advanced processes. Other companies like SoundHound AI and Fortinet are leveraging AI to enhance their products and services, with SoundHound AI reporting sales growth and Fortinet improving email security with AI features. Elastic N.V. sees AI as a bright spot despite a price target cut, and Meta Platforms emphasizes the potential for wage growth through AI skills. AI chatbots like ChatGPT are transforming trading strategies by providing faster market analysis, while OpenAI is developing new AI hardware with Jony Ive. The DePIN market, boosted by AI and blockchain, is projected to reach $3.5 trillion by 2028. Marvell Technology's stock performance contrasts with its strong AI revenue growth, and tools like Sterling Stock Picker are emerging to help new investors navigate the market using AI.

Key Takeaways

  • Dell, Nvidia, and TSMC are highlighted as strong AI stocks due to their key roles in hardware and chip manufacturing.
  • SoundHound AI reported sales growth in Q1, driven by its AI solutions.
  • Fortinet is enhancing email security with new AI features in its FortiMail Workspace Security suite.
  • Elastic N.V. sees Generative AI as a growth opportunity despite a price target cut.
  • Meta Platforms emphasizes that AI skills can lead to wage growth for workers.
  • AI chatbots like ChatGPT are being used to analyze crypto news and inform trading strategies.
  • OpenAI is developing new AI hardware in collaboration with Jony Ive.
  • The DePIN market, fueled by AI and blockchain, is projected to reach $3.5 trillion by 2028.
  • Marvell Technology experiences strong AI revenue growth, though its stock performance is mixed.
  • Sterling Stock Picker, an OpenAI-powered tool, assists new investors in making stock market decisions.

Dell stock a top AI buy in June analysts say

Dell Technologies stock is undervalued and poised for growth due to the recovering PC market and high demand for AI servers. Dell's fiscal 2026 first-quarter revenue increased by 5%, with AI server orders worth $12.1 billion. The company expects even faster growth in the current quarter, driven by AI PC sales, which are expected to increase significantly through 2028. Analysts predict a potential stock price increase to $325, making Dell a strong AI stock to consider.

Top AI stocks to buy now Dell Nvidia and TSMC

Dell, Nvidia, and Taiwan Semiconductor Manufacturing (TSMC) are strong AI stocks to buy now. TSMC is a leader in AI chip manufacturing with its 3 nanometer process. Nvidia's AI products are driving sales growth, with its new Blackwell platform enabling AI reasoning. Dell is experiencing high demand for its AI-optimized hardware, with AI-related orders exceeding previous years. Investing in all three companies gives exposure to key parts of the AI industry.

Dell Nvidia and TSMC are top AI stocks to buy

Dell, Nvidia, and Taiwan Semiconductor Manufacturing (TSMC) are highlighted as strong AI stocks for investment. TSMC leads in AI chip manufacturing using its advanced 3 nanometer process. Nvidia's AI products drive significant sales growth, with the Blackwell platform advancing AI reasoning. Dell sees exceptional demand for AI-optimized hardware, with AI-related orders surpassing previous years. Investing in these three companies provides exposure to key segments of the AI ecosystem.

SoundHound AI sees sales jump to $29 million in Q1

SoundHound AI's Q1 earnings report shows sales growth to $29.13 million and a net income of $129.93 million. The company has been revising bylaws and showcasing AI solutions. A partnership with Allina Health may boost revenue. SoundHound's stock price has increased recently, contrasting with the market's flat performance. Analysts forecast optimistic earnings, suggesting potential upside if growth materializes.

Fortinet enhances email security with new AI features

Fortinet has improved its security with the FortiMail Workspace Security suite, using AI for better email protection. The company's stock price slightly decreased recently, mirroring market trends. Fortinet's focus on AI and Unified SASE is expected to boost revenue and margin growth. Analysts predict revenue will grow by 14.2% annually over the next three years. The forecasts depend on the success of Fortinet's new security solutions.

Elastic sees price target cut but AI is still bright spot

Citi analyst Tyler Radke lowered the price target on Elastic NV (ESTC) to $125.00, maintaining a 'Buy' rating. This follows Elastic's mixed fourth-quarter results, with weak federal sector performance. Initial guidance for fiscal year 2026 was slightly below expectations. However, analysts are optimistic due to reasonable enterprise value and potential monetization of Generative AI. Elastic N.V. is a search AI company offering cloud-based solutions.

Meta touts AI skills for wage growth in workforce transformation

Citizens JMP analyst Andrew Boone reiterated a Market Outperform rating on Meta Platforms, Inc. (META) with a $750.00 price target. Meta claims workers with AI skills could increase their wages by 20%. Freelancers using AI-related skills earn 44% more. Meta's focus on AI skills highlights its commitment to advancing AI in its business strategy. The firm is confident in Meta's growth potential as it increases the use of AI technology.

AI chatbots like ChatGPT are changing trading strategies

AI chatbots like ChatGPT are helping traders analyze crypto news and make faster decisions. Traders use AI to summarize news, gauge market sentiment, and generate trade ideas. This approach makes market insights more accessible to both experienced and new investors. However, AI outputs are only as good as the inputs, and overreliance can lead to mistakes. Smart traders combine AI insights with other analysis methods and stay informed on regulations.

OpenAI hires Jony Ive to build new AI hardware

OpenAI acquired io, the AI hardware startup co-founded by Jony Ive, in a deal valued at $6.5 billion. Ive and a team of former Apple engineers will build screenless, AI-powered hardware devices. The partnership aims to create a new type of computing device that minimizes screen use. Ive will oversee design across all OpenAI initiatives. OpenAI CEO Sam Altman called Ive 'the greatest designer in the world'.

AI and blockchain could boost DePIN market to $3.5T by 2028

The World Economic Forum (WEF) reports that the DePIN market, fueled by AI and blockchain, could reach $3.5 trillion by 2028. DePIN combines blockchain with community-owned infrastructure, allowing participants to contribute resources for cryptocurrency. Decentralized physical AI (DePAI) is a key factor, enabling AI agent interactions with physical infrastructure. Unlike centralized models, DePAI uses decentralized networks for machine learning. Industry leaders foresee significant opportunities in DePIN, driven by the need for decentralized wireless hardware connectivity.

Two AI stocks that could make you a millionaire

Taiwan Semiconductor Manufacturing (TSMC) and Alphabet are two AI stocks with the potential to beat the market. TSMC, a chip supplier for many tech companies, expects AI-related revenue to grow significantly. Alphabet, despite facing headwinds, continues to post excellent results and is adapting to AI in search. Both stocks are relatively undervalued, making them attractive investment opportunities.

Marvell's AI growth is strong but stock sinks should you buy

Marvell Technology's stock dropped despite strong data center and AI revenue growth. The company supplies chips for AI infrastructure and partners with cloud providers like Amazon and Microsoft. Data center revenue increased significantly, driven by AI chip customers. Marvell expects continued recovery in enterprise networking and carrier infrastructure markets. Trading at a low forward price-to-earnings ratio, Marvell's stock is cheap, but uncertainties make it a speculative investment.

AI tool helps new investors navigate market for $55

Sterling Stock Picker, an OpenAI-powered tool, helps new investors make smarter decisions in the stock market. The tool uses AI to recommend stocks based on individual goals and risk tolerance. Finley, an AI assistant, answers finance questions in plain English. Users can monitor their portfolio, explore company breakdowns, and share tips in a community space. A lifetime subscription is available for a discounted price.

Sources

AI stocks Dell Technologies Nvidia TSMC Taiwan Semiconductor Manufacturing AI chip manufacturing AI-optimized hardware AI servers AI PCs SoundHound AI Fortinet Elastic N.V. Meta Platforms ChatGPT OpenAI Jony Ive AI hardware DePIN Decentralized Physical AI (DePAI) Alphabet Marvell Technology Sterling Stock Picker AI investment tools AI in trading AI in cybersecurity AI in email security AI in data centers AI and blockchain Generative AI AI skills AI revenue AI growth Blackwell platform