The trend I think will prevail in 2027 is the same one that was successful over the past few years: AI hardware investing. There is still unmet demand for AI computing power, and many data centers need to be built to meet it. These data centers are filled with various components, including those from some major providers like Nvidia (NASDAQ: NVDA), Taiwan Semiconductor (NYSE: TSM), and Micron Technology (NASDAQ: MU). All three of these companies are trading at attractive price tags and are well-positioned to dominate in 2027. <\/p>\n
As a result, I think now is the perfect time to scoop up shares of each of these three. <\/p>\n
Nvidia rode the AI build-out trend all the way to the top to become the world’s largest company. It achieved this status through continued innovation and industry dominance, and despite its monstrous size, it’s one of the fastest-growing companies on Earth. Thanks to Nvidia’s position, it also has great foresight into what’s coming because clients are placing orders years in advance. Nvidia noted that it believes data center capital expenditures among the AI hyperscalers will surpass $1 trillion in 2027, and that the industry is on a path for $3 trillion to $4 trillion in annual data center capital expenditures by 2030 worldwide. <\/p>\n That’s an impressive projection, and it shows that even after 2027, Nvidia’s growth case won’t be wrapped up. That makes me confident investing in Nvidia before 2027 arrives<\/a>, as there are still several more years of strong AI growth ahead. <\/p>\n Taiwan Semiconductor <\/p>\n While Nvidia may be the face of the AI build-out, it’s only a chip designer; it doesn’t fabricate its chips. That work is farmed out to other companies, with Taiwan Semiconductor being arguably the most important. It is a chip foundry that takes other companies’ designs and fabricates them for them. <\/p>\n Story Continues <\/p>\n Taiwan Semiconductor is the top logic chip fabricator in the world, and often produces chips for competing companies, such as being a top supplier for both Nvidia and AMD (NASDAQ: AMD). <\/p>\n This places the company in a great spot to benefit from the AI build-out, regardless of whose computing units are currently the most popular. As long as there is more money being spent on the AI build-out, Taiwan Semiconductor’s stock is tempting. <\/p>\n With Nvidia’s projections that AI data center spending will continue to rise over the next few years, I think it’s a great stock to buy now<\/a>. <\/p>\n Micron <\/p>\n Micron is a different style of investment. It makes memory chips, which are also in huge demand thanks to the AI build-out. However, there isn’t much that separates one memory chip producer from another, so this industry is fairly commoditized. Right now, there is a shortage of memory chips, causing prices to soar. However, more production capacity is being brought online, so this dynamic may not last forever. <\/p>\n Micron’s management team has told investors that they expect the tightness in the memory chip market to persist beyond 2027. This means Micron is well-positioned to have a great 2027, and with how cheap the stock is right now, that makes it a perfect stock to consider buying. <\/p>\n At only 6 times fiscal year 2027 earnings (ending August 2027), it’s a very cheap stock. But if its valuation rises to low double-digit levels or more, Micron could be the best performer on this list. <\/p>\n Should you buy stock in Nvidia right now? <\/p>\n Before you buy stock in Nvidia, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $431,488!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,279,584!* <\/p>\n Now, it’s worth noting\u00a0Stock Advisor’s total average return is 958% \u2014 a market-crushing outperformance compared to 212% for the S&P 500.\u00a0Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built by individual investors for individual investors. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of August 25, 2026. <\/p>\n Keithen Drury<\/a> has positions in Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Micron Technology, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Getty Images. Nvidia <\/p>\n
<\/a> MU PE Ratio (Forward 1y)<\/a> data by YCharts.<\/a> <\/p>\n