Similar to last year, stocks such as Palantir, Nvidia, and Microsoft remain among the hottest names driving the artificial intelligence (AI) revolution.

Broadcom's solid growth in the past year has brought the company's market cap to $1.3 trillion. Its healthy revenue growth, massive addressable market, and improving customer base could help it deliver more upside.

Nvidia has become one of the world's largest companies thanks to AI, but it isn't the only opportunity. C3.ai and Upstart are AI software powerhouses with rapidly growing businesses and addressable markets.