There have never been more millionaires than there are today. In fact, according to Statista, there are over 22 million millionaires in the United States alone. This is up from less than 8 million people in 2000.
Without a doubt, one of the biggest reasons why the number of millionaires is increasing is the stock market.
So what artificial intelligence (AI) stocks have the potential to push these numbers even higher? There are three I’m watching.
Image source: Getty Images.
1. Palantir Technologies
First, Palantir Technologies (PLTR 1.22%). Palantir is up 239% in just 12 months and is on track to make many shareholders wealthier.
The company operates a data analytics platform that serves two segments: government and commercial organizations.
Government customers include the US Department of Defense, the UK National Health Service, and the US Centers for Disease Control and Prevention.Commercial clients include: morgan stanley, airbusand Merck.
As the company’s fourth quarter financial report shows, its business performance is strong. The main contents of this report are:
- Overall revenue increased 20% year over year.
- U.S. commercial revenue increased 70% year over year.
- U.S. commercial customer numbers grew 55% year over year.
- Free cash flow for the past 12 months was $731 million.
That means companies, especially those in the US, are racing to sign up for Palantir’s AI-powered data analytics. Many organizations and their leaders find it difficult to cut through the haze of data they generate, making it difficult to identify trends and identify opportunities. Palantir offers relief, making it a company worth keeping in mind for long-term growth-minded investors.
2. Super microcomputer
Perhaps the hottest stock on Wall Street, wonderful micro computer (SMCI 2.16%) It’s up an impressive 1,060% over the past 12 months. This means that his $1,000 investment last March has now grown to nearly $12,000.
The company manufactures much of the physical hardware needed to store, cool, and operate cutting-edge graphics processing units (GPUs). This is not as simple a process as you might imagine — on the H100 GPU, Nvidia‘s flagship products are often grouped in groups of eight, and the entire unit weighs between 300 and 400 pounds and produces about the same amount of heat as a patio heater or commercial convection oven. Masu.
And with a unit price of around $40,000 per H100, it goes without saying that owners of these expensive GPUs will want to get the best performance from their new AI chips. That means you are prepared to pay the highest price. Latest server racks and accessories.
As a result, sales of super microcomputers have increased dramatically.
In just three years, Super Micro Computer’s annual revenue soared from $3.4 billion to more than $9.2 billion. Furthermore, sales are expected to increase to $14.5 billion in 2024 and $19.8 billion in 2025.
Indeed, the company’s stock price has gone parabolic, which is not a wise choice for all investors. But for those looking for a high-momentum growth stock that rides the AI revolution like no other, Super Micro Computer is a stock to consider.
3.Microsoft
lastly, microsoft (MSFT -0.04%) — Companies that have created millionaires and even several millionaires billionaire.
Compared to many hot AI stocks, Microsoft’s 10% year-to-date return looks like small potatoes. But this is the world’s largest company with a market capitalization of $3 trillion. What’s more, the company’s track record since CEO Satya Nadella took the helm 10 years ago has been impressive. Under his leadership, Microsoft shifted its focus to the cloud and grew annual revenue from $83 billion to $228 billion.
MSFT Revenue (TTM) data by YCharts.
Additionally, the company continues to innovate. Its latest work is Copilot for Microsoft 365. The company says:
“Microsoft Copilot for Microsoft 365 combines the power of large-scale language models (LLM) with your organization’s data, all within your work flow, to turn your language into one of the most powerful productivity tools on the planet. Masu.”
In practice, this means users have access to real-time, AI-powered tools that are integrated into popular programs such as Word, Excel, Outlook, and PowerPoint. This should improve real-world productivity for individuals and businesses and further strengthen Microsoft 365’s position as the must-have business software suite.
In summary, Microsoft is the biggest company for a reason. Moreover, given its strong leadership, innovative products, and massive scale, the company’s stock is likely to continue producing billionaires.
Jake Larch has no position in any stocks mentioned. The Motley Fool has a position in and recommends Microsoft and his Palantir Technologies. The Motley Fool recommends the following options: His January 2026 $395 long call on Microsoft and his January 2026 $405 short call on Microsoft. The Motley Fool has a disclosure policy.
