Three AI stocks to hold even if inflation surges, analysts say

What happened

A stock analyst identified Nvidia, CoreWeave, and Broadcom as three AI stocks worth buying even if inflation and higher interest rates trigger a retreat from growth stocks. The three companies have different roles: Nvidia produces data center GPUs, CoreWeave provides dedicated AI infrastructure, and Broadcom makes custom AI chips for inference tasks.

Why it matters

Higher U.S. inflation (4.2% year over year in May, well above the Fed's 2% target) may prompt the Federal Reserve to raise rates again, which typically drives investors away from higher-growth stocks. However, these three firms are positioned to grow significantly despite near-term market headwinds—Nvidia is expected to see 46% revenue and EPS growth from fiscal 2026 to fiscal 2029, while Broadcom's AI chip sales are forecast to reach at least $100 billion（約16兆円） by fiscal 2027. For business decision-makers, the implication may be that AI infrastructure buildout may continue regardless of broader rate cycles.

What to watch

Broadcom's AI chip sales jumped 65% to $20 billion（約3.2兆円） in fiscal 2025 (ended November), accounting for 31% of its revenue. By fiscal 2027, the company expects AI chip sales to reach at least $100 billion（約16兆円）, or 58% of projected revenue of $172 billion（約28兆円）. CoreWeave expanded from three data centers at end of 2022 to 49 centers across the U.S. and Europe, and analysts expect its revenue to grow at a 99% CAGR from 2025 to 2028.