Best 3 ASX AI Stocks To Invest In Now
Team Veye | 15-Sep-2025
Investors, looking to include AI stocks in their portfolio may consider buying these stocks, because of their strong financial performance in 2024 and significant growth prospects driven by artificial intelligence demand
Best 3 ASX AI stocks
Micron Technology (NASDAQ: MU)
NEXTDC Limited (ASX: NXT)
Zscaler Inc (NASDAQ: ZS)
Micron Technology (NASDAQ: MU)
showed very strong performance for the nine months ending June 2025. Total revenue went up 50% year on year to U$26.1 billion with U$9.3 billion coming in Q3. The company reported a net income of U$5.3 billion compared to a loss in the same period last year and diluted EPS jumped to U$4.75 for these 9 months. Gross margin also improved a lot to 38% from 17% last year mainly because of better DRAM pricing. Operating cash flow more than doubled to U$11.8 billion compared to the U$5.1 billion in the same period of 9 months last year. The company is also moving ahead with US fabs backed by the CHIPS Act along with bringing in EUV lithography and pushing new generation HBM and DDR5 to supply the rising AI, cloud and data center needs. Along with all this Micron had almost U$10.2 billion cash and hence it is in a strong place to capture the AI wave.
NEXTDC Limited (ASX: NXT)
posted record results for FY2025. Net revenue grew 14% from previous year to A$350.2 million. Underlying EBITDA also moved higher by 6% reaching A$216.7 million. This was helped by stronger interconnection revenues of A$30.2 million and record contracted utilisation of 244.8MW which is 42% higher. The forward order book touched 134MW and most of this is expected to turn into revenue by FY2027. The company has a strong balance sheet with A$5.5 billion liquidity and gearing of only 18% which is very healthy backing an asset base worth A$5.7 billion. It is also pushing a JV to fund the S4 and S7 hyperscale campuses in Western Sydney with more than 850MW capacity along with overseas projects in Tokyo along with Kuala Lumpur and Auckland. For FY2026 it is guiding net revenue between A$390–400 million and EBITDA of A$230–240 million driven by demand from AI and cloud.
had a strong FY2025 with revenue going up 23% year on year to about U$2.67 billion. This growth mainly came from subscription demand from big enterprises and also government clients. Even though the company is still spending a lot on expansion the net loss reduced to U$41.5 million compared to U$57.7 million last year which shows improvements in operations. Non-GAAP operating income reached U$580.1 million and free cash flow improved to U$726.7 million. The company ended the year with liquidity of U$3.6 billion helped by the U$1.7 billion convertible note issue. Zscaler now has more than 9,400 customers in 185 countries as Zero Trust Exchange demand grows specially with AI creating new cyber risks. Looking forward the company is focusing on AI based threat detection, cloud security innovation and longer term contracts with a solid pipeline and it has a solid recurring revenues business model making it a big cybersecurity player in the AI space.
(Source: Company Announcements)
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