Artificial intelligence (AI) has been one of the most popular investment themes in recent years, but the latest market turmoil has put even top AI stocks under pressure.
On March 10, markets tumbled after President Donald Trump described the U.S. economy as being in a ‘period of transition,’ fueling concerns about a potential downturn. Rising economic uncertainty and trade tensions pushed all three major indexes deeper into the red, marking a period of heightened volatility.
However, for investors with a long-term outlook, this pullback could present a rare opportunity to buy undervalued AI stocks before the next surge. With that in mind, Finbold turned to ChatGPT, OpenAI’s most advanced tool, to identify two AI stocks worth buying now.
Picks for you
Nvidia (NASDAQ: NVDA)
Despite trading at $115, with a year-to-date loss of 14%, Nvidia (NASDAQ: NVDA) continues to stand out as a top AI stock, maintaining its dominance in the AI semiconductor industry.
While concerns over U.S. export restrictions on high-performance AI chips and potential tariffs on Taiwan-imported semiconductors have weighed on investor sentiment, the company’s fundamentals remain strong. Nvidia’s Data Center segment saw a staggering 93% year-over-year revenue increase, reaching $35.6 billion, largely driven by the rapid adoption of its Blackwell AI chips.
Beyond AI, Nvidia is also expanding into robotics and healthcare AI, broadening its foothold in high-growth sectors. The upcoming GTC conference on March 17 could serve as a major catalyst, with discussions on new products—such as the Blackwell Ultra and Rubin chips—potentially reigniting investor enthusiasm.
Palantir (NYSE: PLTR)
Currently trading at $79.05 with a one-month loss of over 29%, Palantir (NYSE: PLTR) has faced intense selling pressure, with insiders offloading more than $40 million in shares in January alone.
The downturn was further compounded by reports that the Pentagon has been directed to prepare for an 8% annual reduction in the U.S. defense budget over the next five years, raising concerns about potential cuts to government contracts, a key revenue driver for Palantir.
Despite recent challenges, Palantir is regaining momentum, fueled by key defense contracts and expanding commercial partnerships. A major catalyst is its $178.4 million U.S. Army contract, with the successful delivery of two TITAN AI-powered battlefield systems marking a significant milestone.
Beyond its defense business, Palantir is actively expanding its commercial client base, addressing long-standing investor concerns over its reliance on government contracts. The upcoming AIPCon on March 13 has generated significant interest, as Palantir recently unveiled a lineup of previously undisclosed corporate participants.
With AI adoption surging and the stock up 217% over the past year, Palantir’s long-term growth story remains intact. However, valuation concerns and macroeconomic risks could fuel near-term volatility, keeping investors closely watching whether Palantir can sustain its momentum.
Featured image via Shutterstock
