3 AI Stocks With Up To 23% Revenue Growth
Oil just pushed above $114 a barrel as attacks on Saudi energy facilities rattle global supply, and that kind of shock tends to remind investors that digital tools still depend on very real hardware. When capital gets more cautious about high-flying software stories, attention often shifts to the picks and shovels of AI. This article highlights three AI infrastructure stocks from our screener that directly plug into that theme.
The three stocks in this article are just a sample from the AI infrastructure theme. A full screen of the universe surfaced 52 more companies with equally compelling narratives that are not covered here.
If you want to identify where your own highest conviction might sit across this group, head straight to the AI Infrastructure Stocks screener to filter, analyze, and focus your research on the businesses that best match your thesis.
Synaptics (SYNA)
Synaptics ties into the AI infrastructure theme through its edge AI processors and Astra toolchains, which push inference out to physical devices instead of central data centers, giving you a way to look at on-device compute rather than just cloud heavy AI stories.
Synaptics develops semiconductor solutions for edge AI, connectivity, and human interface applications, with about US$1.2b in revenue from its chip and module portfolio and a market value around US$4.6b.
"Synaptics' accelerated focus on Core IoT, evidenced by 53% YoY growth in FY25 and a strong pipeline of Wi‑Fi 7 and Edge AI products, gives the company exposure to the expanding proliferation of connected devices across industrial, enterprise, and consumer markets."
What really matters from here is how one unresolved pressure shapes the trade off between future growth potential and the path to healthier margins.
That trade off is the real story, and the full narrative for Synaptics describes how Synaptics’ edge AI push, capital intensity, and margin path could be decoupling from typical chip cycles.
ON Semiconductor (ON)
ON Semiconductor plugs into the AI infrastructure theme through its power and sensing chips that help feed electricity efficiently into dense compute hardware. This makes it a useful bellwether for how physical AI buildout is converting into real cash flow potential.
ON Semiconductor sells intelligent power and sensing chips across power solutions, analog and mixed signal, and imaging. Power Solutions Group generates about US$3.0b of revenue, Analog and Mixed Signal adds roughly US$2.2b, with Intelligent Sensing contributing about US$900 million. The business is valued at around US$30b.
"The company's investments in silicon carbide, vertical GaN and the Embedded Power Platform are now tied to a much larger AI data center opportunity, with management lifting its 2030 server and AI data center market estimate from about US$12b to nearly US$50b and targeting AI data center revenue growth at least 10 percentage points faster than the market. Structural improvements in manufacturing efficiency, including completed fab exits, the integrated 300mm and vertical GaN sites and further Fab Right actions, have produced a cost structure that is about 17% lower at full utilization than the prior footprint and underpin management's target for at least 53% gross margin and 30% to 35% free cash flow margin by 2030."
What ultimately matters for ON Semiconductor is how one pressure on future capital intensity shapes the trade off between AI driven demand and long term margin potential.
That margin question is exactly what full narrative for ON Semiconductor unpacks. It shows how ON Semiconductor’s AI buildout, capital load and power chip mix could be quietly rewiring its long term earnings profile.
Seagate Technology Holdings (STX)
Seagate Technology Holdings is essentially the storage workhorse behind many AI data centers, with a broad catalogue of hard drives, SSDs and data systems that together generated about US$12.2b from storage solutions and support a market value near US$158.5b.
For AI infrastructure investors, Seagate is the storage vendor that turns growing datasets into physical capacity, especially through high density drives aimed at hyperscale customers.
"HAMR penetration hitting 50% then 70%. These are dated, specific milestones. They are the cleanest read on engine two, and they are largely independent of the pricing environment."
What happens to Seagate’s cash generation and bargaining power if one unseen pressure shifts the balance between storage demand, density and pricing?
If that pressure point has your attention, the full narrative for Seagate Technology Holdings explains how Seagate’s HAMR rollout, pricing power and capital load could be quietly accelerating or stalling future returns.
Seeking Fresh Alternatives Before They Fly
Markets move fast, and the strongest stories often gain momentum quietly before they break out in plain sight. Scan these fresh ideas while it still matters and get in early.
- Spot income engines that aim to keep paying even when sentiment cools by running through the 6 dividend fortresses and see which payouts still look supported.
- Track future facing miners before the crowd catches on by scanning the 33 best rare earth metal stocks that plug directly into long term materials demand.
- Target financially disciplined AI players that already generate cash by working through the 38 profitable AI stocks that aren't just burning cash and see which ones still fly under the radar for now.
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