AI is moving from buzzword to basic infrastructure just as central banks keep rates tight, bond yields stay firm, and energy markets react to Middle East risks. That mix is pushing investors to look for companies directly tied to real AI spending, from chips and cloud to software and large language models like ChatGPT. This AI Stocks screener filters for businesses at the core of that shift, without guessing which single technology or industry will come out on top. In this article, you will see three of the strongest candidates from the screener that many investors are watching closely.

Adobe (ADBE)

Overview: Adobe is a US software company best known for tools like Photoshop, Acrobat, and Premiere Pro, selling cloud subscriptions that help creative professionals, marketers, and enterprises design, manage, and analyse digital content across devices and channels.

Operations: Adobe reports billions in revenue across Asia-Pacific and EMEA, with a reported segment adjustment of US$14.842b alongside US$3.562b from Asia-Pacific and US$6.794b from Europe, the Middle East and Africa.

Market Cap: US$82.41b

Adobe stock sits at an interesting crossroads for AI investors, with a core creative software franchise generating high margins and return on equity above 60%, while the market debates whether generative AI will erode or reinforce that position. The company is pushing hard into AI features like Firefly and GenStudio and tying usage to subscriptions. However, leadership changes, a freemium tilt, and slower revenue growth than the broader US market have raised questions about long term monetisation and execution. At the same time, Adobe trades on a P/E sharply below industry averages and is running a multibillion dollar buyback program, which many investors see as a sign of confidence. What those headline numbers do not show is how its enterprise AI adoption, funding profile, and insider activity could shape returns from here.

Adobe’s mix of high margins, strong return on equity, and a P/E below industry levels could signal a mispriced AI story, but the real clue sits inside the 4 key rewards and 1 important warning sign

Figma (FIG)

Overview: Figma is a US software company that offers a browser-based platform where teams design, prototype, present, and publish digital products together in real time, tying core tools like Figma Design, FigJam, Slides, Sites, and AI products such as Make and Weave into one connected workflow.

Operations: Figma generates about US$1.161b in revenue from Internet Software & Services, with roughly US$621.892m from international customers and US$539.136m from the United States.

Market Cap: US$9.50b

Figma stock is drawing attention because the company sits at the centre of how product teams actually work, with Figma Design embedded across roughly 95% of the Fortune 500 and newer AI tools like Make and Buzz building on that daily usage. Revenue growth around 41.4% and guidance pointing to strong 2026 revenue indicate that the top line is expanding. However, the business is still loss making, carries higher risk funding, and trades on a P/S well above the broader software industry, which raises questions about how long investors will tolerate losses and rich pricing. The real tension for investors is whether AI driven usage, tight ecosystem integration, and rising enterprise retention will be enough to offset governance concerns around very high executive pay, board debates, and strong competition from Adobe, Canva, and others.

Figma’s rapid 41.4% revenue growth, rich P/S and deep Fortune 500 penetration suggest that the story is only half told. The real twist sits inside the analyst forecasts for Figma

Teradyne (TER)

Overview: Teradyne is a US company that supplies automated test equipment for semiconductors and electronics, alongside collaborative robots and autonomous mobile robots that are used in manufacturing, logistics, and industrial settings around the world.

Operations: Teradyne generates most of its revenue from Semiconductor Test at US$3.09b, with smaller but meaningful contributions from Product Test at US$364.2m and Robotics at US$330.6m.

Market Cap: US$64.08b

Teradyne stock is attracting attention because it sits at the heart of AI hardware testing while also building a growing robotics business, with earnings growth of 48.1%, net margins of 22.6% and return on equity of 27.2%. The company is focusing on AI demand, silicon photonics testing and robotics partnerships, supported by a US$1b buyback and inclusion in the Nasdaq 100. At the same time, a high P/E, reliance on external borrowing, geopolitics and recent volatility mean expectations are tight and execution risk matters. The key question for investors is how these AI test and robotics drivers, along with the valuation discussion and risk profile, fit together in a fuller Teradyne picture.

Teradyne’s 48.1% earnings growth, 22.6% net margins and 27.2% return on equity hint at a story that current headlines only partly capture; the real tension shows up inside the 2 key rewards and 1 important warning sign

The three AI stocks in this article are only a starting point, as the full Artificial Intelligence/ AI Stocks screener surfaces 198 more companies tied to chips, software, cloud and large language models, each with compelling narratives waiting to be unpacked. Use Simply Wall St to identify, filter and analyze the specific catalysts you care about, from AI driven revenue to funding quality and risk flags, so you can focus on the highest conviction ideas in this fast moving theme.

Take Control of Your Investment Journey

If Adobe or any of these companies have caught your attention, register for FREE with Simply Wall St and add your companies to a Watchlist to monitor the share price against the fair value and track any new developments as they happen. Once you've made your move, manage your holdings with our Portfolio Command Center that filters out the noise to deliver only the most critical, actionable updates. Throughout your journey, our Community allows you to filter the best ideas from thousands of investor perspectives. By uncovering hidden catalysts and risks early, you'll accelerate your decision-making and stay one step ahead of the market.

Seeking Alternatives Before The Crowd Moves?

Fresh opportunities do not sit still; they build momentum, break out, or get caught once everyone notices. Scan these under the radar ideas while it matters and consider how they may fit your own approach.

• Explore potential turnarounds in higher risk territory by checking out 24 elite penny stocks with strong financials before renewed interest changes trading dynamics in these smaller stocks.
• Look for shifting demand in the energy transition by scanning the 88 nuclear energy infrastructure stocks while sentiment is still developing rather than fully established.
• Evaluate metals exposure with discipline by filtering the 8 top copper producer stocks for producers that could benefit if demand remains supportive and weaker peers continue to struggle.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.