The feast of AI growth is still continuing! Faber announces its top picks for AI stocks in 2026, with a focus on leading companies in optical modules, storage chips, and hard disk supply chains.

The French bank BNP Paribas recently released a list of preferred stocks in the artificial intelligence (AI) sector for 2026, with companies such as Celestica Inc. (CLS.US), Arista Networks (ANET.US), and Credo Technologies (CRDO.US) included. Analyst Karl Ackerman of the bank stated in a research report to clients, "The growth feast of the AI industry continues, and investments in the data center field have long-term resilience; in terms of delivery cycles, the industry prospects for the entire ecosystem of servers, networks, and storage in 2026 will be clearer. We have raised performance expectations for core companies related to AI infrastructure bottlenecks, focusing on the optical module supply chain, storage chip manufacturers, and hard drive suppliers. As a result, we have upgraded the rating of Seagate Technology Holdings PLC (STX.US) to 'outperform the market.'" Based on the above assessment, BNP Paribas explicitly stated its optimism for the aforementioned three companies, as well as for Broadcom Inc. (AVGO.US) and Macom Technology Solutions (MTSI.US). Additionally, the bank has raised target prices and performance expectations for Micron Technology, Inc. (MU.US), SanDisk (SNDK.US), Seagate, and Western Digital Corporation (WDC.US), partly due to the storage industry experiencing a historical upturn cycle, with prices of DRAM, NAND flash memory, and hard drive products all on the rise. At the same time, BNP Paribas pointed out that the skyrocketing prices of storage chips are putting pressure on other segments of the semiconductor industry, leading to a decrease in target prices for Ingram International (INGM.US), Qorvo (QRVO.US), and Skyworks Solutions, Inc. (SWKS.US). The report also mentioned that the continuous high growth in demand for customized and GPU architecture AI servers is expected to drive the overall size of the data center network market to nearly $120 billion by 2028.