AI is not just a trend anymore. It has now become the foundation of enterprise growth, cloud strategy, defence technology, and even cybersecurity. If you are looking to place long-term bets on companies leading this shift, these five AI-driven players Nvidia, Palantir, Zscaler, Oracle and AMD are worth your attention.
Let us break down why.
1. Nvidia (NASDAQ: NVDA)
Nvidia remains the undisputed leader in AI infrastructure, powering everything from large language models to AI data centers. The company’s datacenter revenue hit a record $22.6 billion in the latest quarter, up 427% year over year. This jump was driven by explosive demand for its Hopper GPUs, specifically the H100 chip which is now widely adopted by cloud providers, AI startups, and enterprises alike.
Nvidia also revealed strong traction for its new Blackwell platform, which will ship in the second half of 2025. Its GB200 Grace Blackwell Superchip is already generating demand among major cloud vendors and is expected to significantly reduce the cost of training large AI models. On top of that, Nvidia has announced a 10-for-1 stock split, indicating long-term confidence and potentially improving liquidity among retail investors.
As AI continues to reshape every industry, Nvidia is positioned not just as a chipmaker but as an AI infrastructure provider for the entire digital economy.
2. Palantir Technologies (NYSE: PLTR)
Palantir has made major strides in commercialising its AI capabilities. Its Artificial Intelligence Platform (AIP) is seeing increasing demand across industries, especially in manufacturing, energy, and healthcare. The company's US commercial revenue rose 40% year over year in the most recent quarter, supported by a 69% increase in customer count.
Palantir’s government business, which historically carried the firm, also continues to grow steadily. With continued contract wins from the US Department of Defense and UK Ministry of Defence, Palantir is expanding its footprint in sensitive, high-security sectors.
The company is also profitable now, marking six consecutive quarters of GAAP profitability. With its growing AIP customer base and consistent operational execution, Palantir is evolving into a platform company that combines data analytics with real-time AI integration.
3. Zscaler (NASDAQ: ZS)
Zscaler is fast becoming one of the strongest growth stories in cybersecurity. In its fiscal Q3 2025, Zscaler reported $2.9 billion in annual recurring revenue, reflecting 23% year-over-year growth. Much of this was driven by its new Z-Flex program, which is aimed at improving client adoption and flexibility.
The company is also making moves in the Managed Detection and Response (MDR) space, with its planned acquisition of Red Canary, expected to close in August 2025. Red Canary is known for its accuracy in detecting threats and has a 99.6% success rate in incident detection. The deal will strengthen Zscaler’s capabilities in threat intelligence and AI-powered security operations.
Additionally, Zscaler recently introduced Zscaler Cellular, an AI-powered Zero Trust solution for IoT and OT devices. The new offering provides secured connectivity through cellular SIM cards without requiring any VPN or software. Major companies like Sandvik and Maverick Transportation have already started using the platform, signalling early traction ahead of its global launch.
4. Oracle Corporation (NYSE: ORCL)
Oracle is undergoing a strong AI-focused transformation, especially in the cloud segment. Its infrastructure-as-a-service (IaaS) revenue surged 49% in Q4 FY24. Cloud infrastructure and AI services now represent the company’s fastest-growing segment, aided by demand from both public and private sector clients.
Oracle’s Gen2 Cloud Infrastructure has attracted partnerships with leading AI model builders who rely on its GPU clusters. Oracle also announced that 80% of its license support revenue is now tied to applications used for AI and data workloads, including healthcare, ERP, and financial services.
Strategic cloud wins include partnerships with Nvidia and Cohere to support training and inferencing needs. With demand shifting towards multi-cloud and sovereign cloud solutions, Oracle is gaining mindshare among enterprises looking for reliable and cost-efficient AI deployment environments.
5. Advanced Micro Devices (NASDAQ: AMD)
AMD is chasing Nvidia’s lead in the AI compute space, and it's doing so with momentum. Its MI300 series AI GPUs are already being adopted by hyperscalers and large enterprises. In fact, the MI300 has become the fastest ramping product in AMD’s history.
The company’s data center segment generated $2.3 billion in revenue in Q1 2025, up 80% year over year. AMD is benefiting from strong demand for its EPYC server chips and growing interest in its AI accelerator platforms. It also recently formed partnerships with key software and AI infrastructure providers to optimise performance on AMD hardware.
AMD’s CEO confirmed the company expects over $4 billion in AI chip revenue this year, supported by broader cloud rollouts and enterprise AI integration. With cost-effective GPU alternatives and strong execution, AMD is carving out a significant share in the AI ecosystem.
Why These 5 Stocks?
While all five companies come from different corners of tech from semiconductors to cloud to cybersecurity, they all have one thing in common: deep integration of AI at the core of their product strategy.
- Nvidia is selling the picks and shovels of the AI gold rush.
- Palantir is operationalising AI for real-world decision-making.
- Zscaler is securing AI infrastructure with intelligent threat detection.
- Oracle is embedding AI into enterprise cloud platforms.
- AMD is offering competitive AI compute alternatives with strong growth.
Each of these stocks is not riding AI hype but is building meaningful, long-term solutions that enterprises are willing to pay for at scale.
Final Word
AI adoption in business is no longer optional. From defense to delivery fleets, and healthcare to high finance, every industry is being reshaped. Investors who focus on companies with real AI traction, visible revenue growth, and enterprise stickiness could benefit from this decade-long wave.
These five names - NVDA, PLTR, ZS, ORCL, and AMD offer a diversified exposure to that future.
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
