3 AI Stocks Retail Investors Are Watching Beyond Nvidia

Recent trade data from Taiwan and China points to AI related semiconductor demand playing a clear role in export and import trends. That keeps the spotlight firmly on companies building the chips, cloud capacity and software behind tools like ChatGPT. Investors watching this AI Stocks screener are really tracking the infrastructure of the next computing cycle. This article highlights 3 stocks from the screener worth a closer look.

The three AI stocks highlighted below are only a small sample from this theme, with the full screen surfacing 204 more companies that current Simply Wall St data suggests have equally compelling AI related narratives. To identify and analyze the most relevant opportunities for your own watchlist, head straight into the Artificial Intelligence/ AI Stocks screener.

Appian (APPN)

Overview: Appian is a US based software company that provides the Appian Platform, a low code and AI enabled automation suite that helps large organizations design, run, and improve complex business processes across areas such as case management, procurement, and claims handling.

Market Cap: US$2.5b

Appian gives you exposure to the build out of AI powered workflow automation, with its platform used by highly regulated sectors that care about reliability and compliance as much as speed. Recent results show strong cloud and AI adoption, with 85% of new customers taking AI offerings and guidance raised for 2026 revenue and profitability. However, the stock is priced below both analyst fair value estimates and a higher intrinsic value from cash flow modelling. At the same time, Appian is still loss making, carries financial risk with negative equity and has to compete with giants like Microsoft and Salesforce. For investors willing to accept that trade off, the mix of AI driven growth potential and improving margins may be an appealing combination to consider.

Appian’s AI driven workflow story appears misunderstood, with strong customer uptake alongside a stock that trails some value estimates. Get the fuller picture with the 4 key rewards and 2 important warning signs (1 is major!)

Build your own AI workflow shortlist

Appian and the other two stocks here came from a single screener, but the real value for you is in shaping your own filters around AI, valuation, quality, risks and more. Use our customizable Screener or rely on the groundwork already laid out in our curated Investing Ideas.

Datadog (DDOG)

Overview: Datadog runs a cloud based observability and security platform that helps companies monitor how their applications, infrastructure, networks and data are performing in real time, while also spotting failures, security threats and cost issues across complex cloud environments.

Market Cap: US$84.0b

Datadog is attracting attention from AI focused investors because its platform sits at the center of monitoring and securing modern, data heavy and AI driven workloads, with recent Q2 revenue of US$1.12b and ongoing recognition as a leader in observability. At the same time, the stock reflects high expectations, and the recent 18% share price drop after guidance around slower sequential growth and a usage cut from its largest AI customer shows how sensitive sentiment can be to any hint of demand pressure. If you are weighing analyst growth forecasts, an expanding product suite and reported profitability against valuation, customer concentration risk and heavy spending on R&D, Datadog is a company that some investors may choose to study more closely.

Datadog’s share pullback and usage worries may be masking what growth focused analysts expect next for this observability leader. For a clearer sense of where expectations sit, see the analyst forecasts for Datadog

Corsair Gaming (CRSR)

Overview: Corsair Gaming designs and sells PC gaming gear, streaming equipment, and higher end PCs and AI workstations, serving gamers and content creators with everything from keyboards and headsets to Elgato streaming tools and full systems across global markets.

Market Cap: US$1.6b

Corsair Gaming gives you a way to target the growing spend on gaming and creator hardware, while also leaning into higher margin categories like sim racing rigs, Elgato creator gear and new CORSAIR PRO AI workstations and servers built on NVIDIA technology. Recent updates point to record gross margins, stronger operating cash flow and raised 2026 revenue guidance, helped by direct to consumer growth and creator focused products. The catch is that earnings have been volatile. Forecasts point to slower revenue growth than the wider tech market, and the stock trades on an elevated P/E, so a lot has to go right on tariffs, competition and execution in new AI infrastructure lines. For investors who want more than just PC components, Corsair’s blend of gaming, creator tools and AI systems is worth a closer look.

Corsair Gaming’s move into higher margin creator gear and AI workstations could be more than a gaming peripherals story investors have priced in. To see what the full picture looks like, review the analysis report for Corsair Gaming

Seeking Fresh Alternatives Beyond AI?

New themes are forming, and early movers often catch the strongest breakout momentum while others chase what is already flying. Before these ideas stop being fresh, consider them while they are still developing.

• Target dependable cash flows and stability by scanning a curated 8 dividend fortresses that could help if you want income while prices swing around you.
• Hunt for resilient balance sheets and steady fundamentals with the carefully filtered list of solid balance sheet and fundamentals (49 results) before other investors spot the same financial strength.
• Spot potential under-the-radar strength by checking a focused 79 resilient stocks with low risk scores that aims to surface stocks where risk scores stay contained while others chase headlines.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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