3 artificial intelligence stocks you can buy for less than $100 right now

3 AI Stocks Under $100 to Consider Now

Interested in the booming artificial intelligence sector but find the cost of leading AI stocks prohibitive? You're not alone. Fortunately, you don't need to spend thousands per share to invest in AI's growth potential. Several promising, AI-exposed companies whose stocks currently trade for less than $100 per share offer more accessible entry points for investors. While these stocks have navigated challenges and volatility, they are uniquely positioned within the expanding AI landscape. Consider these three under-$100 AI stocks: Marvell Technology, Super Micro Computer, and UiPath.

Marvell Technology (MRVL)

Marvell Technology is a semiconductor company focused on custom chips (ASICs) tailored for specific AI workloads. This specialization drove strong recent performance, with sales hitting $1.9 billion in the latest quarter (ending May 3) – a solid 63% year-over-year increase, showcasing demand for its AI hardware.

Risk factors are significant, primarily customer concentration. Business heavily relies on a few large AI-investing hyperscalers. One direct customer accounted for 16% of Q1 sales, a distributor 36%, and five customers held 72% of receivables. This reliance makes Marvell vulnerable to their spending shifts. Global trade uncertainties also pose headwinds, contributing to the stock's recent dip.

Shares are down over 30% this year, and the forward P/E multiple dropped from over 40 to 26. Trading recently below $73, Marvell might appeal to growth investors comfortable with volatility and bullish on AI's long-term future, despite concentration and trade risks.

Super Micro Computer (SMCI)

Super Micro Computer, or Supermicro, provides essential IT infrastructure like servers for building and scaling AI operations. Its stock is up over 60% this year, though this follows a very volatile 2024. Past volatility stemmed from financial and auditor concerns, now seemingly addressed, aiding its recent recovery.

Supermicro's role in supplying AI scaling hardware is a key opportunity. Sales grew 19% to $4.6 billion in the first three months. Profitability, however, is challenging. Operating margins are thin; operating income fell 61% to $146.8 million last quarter. Sustained success requires improved margins alongside sales growth.

Priced around $50, Supermicro has potential as AI infrastructure demand grows. It's riskier than Marvell due to margin pressures but its critical position in the AI hardware chain makes it a high-potential, albeit volatile, option.

UiPath (PATH)

UiPath focuses on business process automation using AI agents to boost efficiency. Its platform automates tasks across various industries, offering value to companies integrating AI.

Competition is high, and recent growth has been modest. Revenue was $356.6 million last quarter (ending April 30), just a 6% rise year over year. Guidance points to an estimated 11% rise this quarter – slight acceleration but not rapid. The company remains unprofitable, with a $16.4 million operating loss last quarter.

Potential lies in benefiting from AI automation spending, but growth and profitability timelines are uncertain, creating risk. However, priced around $12 with a market cap below $7 billion, it's a smaller player with significant room to rise if it accelerates growth and achieves profitability. A riskier bet on AI application, but with considerable upside potential at its current low price.

Marvell Technology, Super Micro Computer, and UiPath offer diverse routes into the AI theme at accessible share prices below $100. Each has unique strengths, opportunities, and risks, from supply chain reliance and margin issues to competition and profitability hurdles. For investors seeking AI exposure without the high per-share cost of giants, and who tolerate volatility, these options provide accessible entry points into the evolving AI market.