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Wall Street picks Micron, Broadcom, and Alphabet as top trillion-dollar AI stocks to buy, citing surging memory demand, custom chip leadership, and Gemini model growth.

Yahoo Finance AIJun 1, 2026
Wall Street picks Micron, Broadcom, and Alphabet as top trillion-dollar AI stocks to buy, citing surging memory demand, custom chip leadership, and Gemini model growth.

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3 Key Points

  1. Micron's memory chip revenue spiked 195% in Q2 fiscal 2026 to about $24 billion, driven by AI data center spending; 87% of analysts covering the company assign a buy rating.

  2. Broadcom's custom AI processors (ASICs — application-specific integrated circuits designed for particular AI tasks) saw a 140% increase in chip sales in Q1 2026, and the company's AI semiconductor revenue more than doubled to $8.4 billion in that quarter; 94% of Wall Street analysts recommend buying the stock.

  3. Alphabet's Google Gemini AI model has 900 million monthly active users, and Google Cloud sales jumped 63% in Q1 to $20 billion; the company is spending up to $190 billion on AI infrastructure this year and holds $127 billion in cash and cash equivalents.

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