- ALAB
- NVDA
Becoming a millionaire through artificial intelligence (AI) investing doesn’t necessarily mean betting on the next big chipmaker; it could mean finding the companies solving the infrastructure bottlenecks behind the boom. These three stocks are powering the AI build-out in different ways, and if the growth continues, they could have serious millionaire-making potential.
1. Astera Labs
Astera Labs(NASDAQ: ALAB) solves a problem nobody thought about until AI clusters got enormous. When you connect thousands of accelerators, the signal degrades over distance, and the connection between compute and memory becomes the bottleneck rather than the compute itself.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Revenue hit $308.4 million in the first quarter of 2026, up 93% year over year, with gross margin at 76.3%. That margin tells you this is a design business, not a manufacturing one.
Astera Labs’ Scorpio product family is worth paying attention to. Management expects it to become the company’s largest product line by the end of this year, and the new X-Series 320-lane fabric switch targets a merchant scale-up market projected to reach $20 billion by 2030. Astera also holds a $6.5 billion warrant agreement with Amazon, which aligns a hyperscaler directly with its success.
2. Credo Technology
Credo Technology (NASDAQ: CRDO) makes active electrical cables, and the pitch is simple. Inside a data center, optical connections are expensive and consume power. Credo’s AECs replace them for distances up to 7 meters, which covers most inter-rack connections.
The adoption curve is steep. Second-quarter fiscal 2026 revenue reached $268 million, up 272% year over year, and the company guided for full-year fiscal 2026 growth above 200%. Four hyperscale customers each accounted for more than 10% of revenue, with one in full production and another just starting.
Customer concentration is both the biggest risk and the biggest opportunity with this ticker. A lot of the company’s revenue comes from a relatively small number of customers, so if one major contract runs into trouble, the stock could take a pretty big hit. The stock has also been pretty volatile over the past year as the market figures out its valuation, so I’d keep an eye out for pullbacks that could offer a better entry point. At the same time, Credo is expanding beyond its core products with ZeroFlap Optics, active linear cables, and OmniConnect gearboxes, which give the company a broader portfolio and additional avenues for growth.
