The world’s leading AI stocks are still favoured by UK investors, according to new data released by trading platform Robinhood UK.
As the S&P 500 and NASDAQ powered towards record highs during June, Robinhood UK clients were buying into names such as NVIDIA, Palantir, and CoreWeave – all companies synonymous with the rapid expansion and adoption of artificial intelligence.
The top 10 stocks traded on the Robinhood UK platform in June:
- Tesla (TSLA)
- Applied Digital (APLD)
- CoreWeave (CRWV)
- Hims & Hers Health (HIMS)
- Robinhood (HOOD)
- Palantir (PLTR)
- NVIDIA (NVDA)
- Tempus AI (TEM)
- Coinbase (COIN)
- Apple (AAPL)
“In the AI space, NVIDIA hit new heights as it bypassed Microsoft and Apple to become the world’s most valuable company again,” said Dan Lane, Lead Analyst at Robinhood UK.
“Despite concerns over near-term chip export restrictions, the stock managed to attract investors looking to back the building blocks of AI infrastructure. Cloud computing firm, CoreWeave, continued its popularity in June. It’s not profitable yet but recently said it expects 2025 revenues to come in at $5bn, above estimates of $4.65bn, as it aims to help firms access the computing power they need for AI development.
“AI data centre and cloud firm, Applied Digital, announced a 15-year lease agreement with CoreWeave in June. Worth $7bn, the deal will provide data services to CRWV for AI and high-performance computing. Still in AI, Palantir announced a $100m deal with the adventurously named Nuclear Company to co-develop an AI-driven software system focused on nuclear reactor construction.”