Meta, Nvidia, Alphabet: Three Tech Giants Continue AI-Driven Growth Trajectory

Tech Giants: Meta, Nvidia, and Alphabet Still Have Room to Grow

Despite the technology sector's dominance in today's stock market, three Motley Fool contributing analysts believe that Meta Platforms (META), Nvidia (NVDA), and Alphabet (GOOG) still possess significant growth potential. This analysis explores the factors driving their continued success and future prospects.

Meta's AI-Fueled Future

Jake Lerch highlights Meta Platforms' vast reach, with approximately 3.5 billion daily average users, representing about 43% of the global population. This massive user base allows Meta to generate substantial revenue and profit. In the first half of 2025, the company reported nearly $90 billion in revenue and $35 billion in net income.

Meta is strategically investing these profits, pouring tens of billions of dollars into Artificial Intelligence (AI). These investments include securing high-end GPUs, offering signing bonuses to AI researchers, and funding projects ranging from the metaverse to augmented reality (AR) glasses. Lerch believes this strategic focus positions Meta for decades of future growth.

Nvidia's AI Accelerator Dominance

Will Healy acknowledges that Nvidia's stock has already experienced remarkable growth, increasing nearly 1,200% since November 2022. However, he argues that Nvidia's dominance in the AI accelerator market suggests further growth is possible. In the second quarter of fiscal 2026, 88% of Nvidia's revenue came from its data center segment, which designs AI accelerators.

Healy cites a Grand View Research forecast projecting a 29% compound annual growth rate (CAGR) for the AI chip market through 2030. While Nvidia's growth rates have slowed, the company's performance exceeds this estimate. In the first half of fiscal 2026, Nvidia's revenue increased by 62% year-over-year. This rapid growth and strong forward P/E ratio suggest its stock is poised to continue climbing.

Alphabet's AI and Cloud Momentum

Justin Pope asserts that Alphabet remains a buy despite recent gains, attributing its momentum to the resolution of antitrust litigation. With legal concerns easing, investors can focus on the company's strengths. Alphabet's Gemini AI app is gaining traction, and Google Cloud is benefiting from increased AI demand.

Furthermore, Alphabet's Waymo autonomous ride-hailing service is expanding across the United States. With shares valued at approximately 25 times estimated 2025 earnings, Alphabet is considered a solid deal, particularly if the company meets Wall Street's expectations of 15% annualized earnings growth over the next three to five years.