Seagate Technology's revenue in the first nine months of its fiscal 2025 increased almost 43% year over year to $6.65 billion. Even better, the company's non-GAAP (adjusted) income from operations has jumped more than fourfold during this period, thanks to higher margins.

Nvidia has become the go-to provider for chips to support AI, which has resulted in explosive sales and earnings growth for the tech giant. Meta is pouring billions of dollars into AI research and aims to be a leader in the field.

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.