Zacks Highlights Amazon, AMD, and KLA as Top AI Stocks to Buy

Analyst
·US
Summary · why it matters

Zacks Investment Research identifies Amazon, Advanced Micro Devices, and KLA Corporation as top artificial intelligence stocks to buy, citing strong growth prospects tied to AI spending. Amazon benefits from AI-driven demand for its cloud arm AWS and its custom AI chips, with its overall chip business surpassing a $25 billion annual revenue run rate. AMD's data center revenues surged 107% year over year to a record $6.7 billion in the second quarter of 2026, driven by EPYC server CPUs and Instinct AI accelerators. KLA generated record fourth-quarter fiscal 2026 revenues of $3.66 billion, fueled by demand for inspection and process-control equipment needed for complex AI chip manufacturing. All three stocks carry a Zacks Rank #1, or Strong Buy.

Impact on stocks 0