5 Top Tech Stocks to Buy in July

Artificial intelligence (AI) is ving to be the next big nology innovation, and investors don't have to look far to find the companies at the center of it

Some of the best opportunities in the sector lie with companies that are either powering the infrastructure behind AI or using it to imve their operations

Let's look at five top stocks to buy this month

Its graphics cessing units (GPUs) have become the main chips used for training and running AI models, while it also offers networking equipment and can supply large, turnkey rack-scale systems it calls AI factories

However, Nvidia's strength doesn't just come from its powerful hardware

Its CUDA software platform long ago became the standard on which developers learned to gram GPUs, creating a wide moat for the company

Its new Blackwell architecture is ramping up faster than any chip in its history, and demand for its AI factories continues to surge

At the same time, new verticals automotive are starting to gain traction

As AI infrastructure spending continues to ramp up, Nvidia remains one of the best ways to invest in the space

TSMC is the world's largest semiconductor contract manufacturer, and one of the few companies with the nical expertise and scale to make the advanced chips used for AI

As demand from AI customers surges, TSMC continues to expand capacity and build new fabs

It's also been raising prices, which is leading to imved margins and growing fits

That's a great combination

As the undisputed leader in advanced chip manufacturing, TSMC is positioned to continue to benefit from the AI infrastructure boom

Image source: Getty Images

Its prietary AI model, Llama, is boosting user engagement and imving ad performance across its family of apps

That's leading to more inventory and higher ad prices

However, AI is just one part of Meta's growth story

These newer perties are just at the beginning of being monetized, which should lead to years of strong growth ahead

Meta is heavily in AI talent, and looks to be one of the companies best positioned to benefit from the nology

While some investors worry AI disrupting its, the reality is that Alphabet still has big advantages in distribution as well as with its far-reaching ad network

Meanwhile, Alphabet is heavily in AI and other emerging nologies

Its Gemini model is considered one of the best in independent tests, while Google Cloud is the third-largest cloud computing platform and is growing quickly

The company has developed its own custom AI chips, which it both uses internally and rents out

At the same time, the company has a first-mover advantage in autonomous driving and robotaxis with its Waymo unit, while it's also a leader in quantum computing with its Willow chip

Overall, Alphabet has a strong collection of leading and emerging es and a lot of growth opportunities ahead

Amazon is the market leader in the cloud computing industry

AI is driving growth in the segment as customers use its services to build and deploy AI models and apps and then run them on its infrastructure

Amazon also designed its own custom chips specifically for AI training and inference, giving it an edge in cost and performance

Not to be overlooked is the company's leadership in robotics

Its entire fleet of robots will soon be powered by a newly launched generative artificial intelligence model called DeepFleet that will coordinate the movement of its robots for faster and more cost-effective package deries

The company even has robots that can spot damaged goods before they are shipped, which helps reduce costly returns

Between its use of AI and robots, Amazon is reducing costs and becoming more efficient within its e-commerce segment

Amazon is a company at the cutting edge of AI and robotics, and one investors should not sleep on

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors

Geoffrey Seiler has positions in Alphabet

The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Nvidia, Taiwan Semiconductor Manufacturing, and Tesla

The Motley Fool has a disclosure policy.