Top 6 chip stocks to buy for 2026, according to this semiconductor analyst

U.S. economy adds 64,000 jobs in November, delayed BLS data shows
Gold stabilizes after nonfarm payrolls; near record levels
Bitcoin price today: dips to $87k as risk remains frail after payrolls data
Top 6 chip stocks to buy for 2026, according to this semiconductor analyst
Investing.com -- In a note to clients on Tuesday, Bank of America analyst Vivek Arya named six large-cap stocks he believes are best positioned to outperform as spending on AI infrastructure accelerates.

In a 2026 outlook, BofA said it expects next year to mark the “mid-point of an 8-10 year journey of upgrading traditional IT infra for accelerated and AI workloads,” even as greater scrutiny of AI returns could keep share prices volatile.
Still, the bank forecasts “another ~30% growth towards the first $1tn for semiconductor sales” in 2026, supported by “nearly double-digit YoY wafer fab equipment sales growth,” according to BofA.
Against that backdrop, Arya namedNvidia,Broadcom,Lam Research,KLA,Analog DevicesandCadence Design Systemsas its “Top 6 for ’26,” citing “quality and sector leadership.”
BofA stated that its top picks are designed to capture demand across AI accelerators, advanced packaging, memory, and design software.
The bank remains constructive on AI-focused names, describing the race as “still in early/mid stages,” and forecasting “another year of solid 50%+ YoY growth in AI semis driven by strong data center utilization, tight supply, enterprise adoption and race between LLM-builders, hyperscale and sovereign customers.”
Nvidia, which BofA called the sector leader, is seen trading at compelling valuation multiples relative to growth, whileBroadcomis favored for its exposure to custom AI silicon.
The firm is also bullish on semiconductor equipment, with BofA forecasting continued growth driven by “fab upgrades to support high-bandwidth memory, higher layer count NAND, leading-edge logic and advanced packaging.”