Key Takeaways
- The AI boom provides an opportunity for larger companies to rise to millionaire-maker status, without the need for investing in speculative micro-cap stocks.
- Established tech stocks like Alphabet, Micron Technology, and Nvidia have millionaire-maker potential thanks to the AI boom.
- These companies have a strong advantage in the AI market due to their deep pockets, cutting-edge technology, and dominant market positions.
- Investing in these companies can provide a strong bet for huge returns, despite their size or market position.
Introduction to the AI Boom
The artificial intelligence (AI) market is booming, and many people believe that investing in this market can lead to huge returns. However, some may think that investing in speculative micro-cap stocks is the only way to make millions in the stock market. As the article states, "Many people believe that to make millions in the stock market, you have to invest in speculative micro-cap stocks. While a handful of these high-risk investments do pay off with huge returns, they’re more likely to end up as underperformers, if not entirely worthless." This is not necessarily true, as larger companies can also rise to millionaire-maker status due to their strong position in the AI market.
Alphabet: A Strong Bet in the AI Market
Alphabet, the parent company of Google, is one such company that has millionaire-maker potential. As the article notes, "Alphabet has nearly $100 billion in cash on its balance sheet and could simply swallow a small rival whole." This gives Alphabet a strong advantage in the AI market, where deep-pocketed companies have an edge over smaller players. Additionally, Alphabet’s proprietary tensor processing units (TPUs) and DeepMind AI division are highly valued, with some analysts suggesting they could be worth $900 billion on their own. As the article states, "The latest version of Google’s Gemini AI — particularly its Nano Banana image generation tool — is holding its own against OpenAI’s latest ChatGPT in head-to-head tests." This shows that Alphabet is a strong competitor in the AI market and has the potential to continue growing.
Micron Technology: A Hidden Gem in the AI Market
Another company that has millionaire-maker potential is Micron Technology, a leading player in the memory-chip industry. As the article notes, "Micron’s chief competition in the memory chip market comes from two South Korean companies: SK Hynix and Samsung. The three combine to produce about 95% of the global supply of DRAM, including a specific type of high-capacity DRAM that’s vital for AI applications called high bandwidth memory (HBM)." This gives Micron a strong position in the AI market, where memory chips are essential for data processing. With its high margins, double-digit year-over-year revenue growth, and relatively low valuation, Micron looks like a millionaire-maker stock.
Nvidia: The Clear Top Dog in the AI Industry
Nvidia is another company that has dominated the AI market, with its top-of-the-line GPUs being the gold standard for AI data processing. As the article states, "Yes, the company is big, but its dominance in the GPU market is currently unrivaled." Despite its size, Nvidia continues to show strong growth, with revenue up 62% year over year and per-share earnings rising 67%. Its next-gen chips, which are said to be five times faster than its previous generation, are already in production, making Nvidia a clear top dog in the AI industry. As the article notes, "It’s the clear top dog in the AI industry and is showing no signs of slowing down. That easily gives Nvidia stock millionaire-maker potential."
Conclusion
In conclusion, the AI boom provides an opportunity for larger companies to rise to millionaire-maker status, without the need for investing in speculative micro-cap stocks. Alphabet, Micron Technology, and Nvidia are established tech stocks that have a strong advantage in the AI market due to their deep pockets, cutting-edge technology, and dominant market positions. As the article states, "Those margins are likely to increase as the company shutters its consumer memory business to focus on the higher-margin AI market and adds $200 billion worth of manufacturing facilities in the U.S. to increase its DRAM capacity." Investing in these companies can provide a strong bet for huge returns, despite their size or market position.
https://www.fool.com/investing/2026/01/08/millionaire-maker-artificial-intelligence-ai-stock/