3 Tech Stocks That Are Growing Revenue Faster Than Nvidia

Nvidia has become the most notable stock success story in the current artificial intelligence (AI) boom. Last year, the company had reported several quarters of triple-digit revenue growth, a notable accomplishment for a company with a $4 trillion market cap.

Even in the current quarter, revenue grew by an astounding 73% from a year ago. This feat is difficult to match even for much smaller companies that can grow revenue at a higher percentage rate more easily.

Still, a few tech stocks have revenue growth rates that surpass Nvidia's. Knowing that, investors might want to pay more attention to the following companies.

1. Micron Technology

In the second quarter of fiscal 2026 (ended Feb. 26), Micron Technology (NASDAQ: MU) earned $23.9 billion in revenue, a growth rate of 196%.

The memory chipmaker has built most of its growth on high-bandwidth memory (HBM), which powers many AI applications. Only three companies produce this type of memory, with Micron being the only one based in the U.S.

Admittedly, the historical challenge with Micron is the industry cycles, which tend to affect memory companies like Micron more than other types of chip stocks.

Nonetheless, Grand View Research forecasts a compound annual growth rate (CAGR) for AI of 31% through 2033. Also, analysts predict 191% revenue growth for the current fiscal year, suggesting Micron is not headed for a downturn anytime soon.

Amid that strength, Micron stock is up by 260% over the last year, and its 15 P/E ratio indicates that it could keep rising. Thus, with its business growth unlikely to stop anytime soon, Micron could be one of the best-performing stocks of 2026.

2. CoreWeave

Demand for CoreWeave's (NASDAQ: CRWV) AI-native cloud platform has helped revenue soar, taking it to almost $1.6 billion in Q4, a 110% increase.

CoreWeave stands out among cloud leaders Amazon and Microsoft by offering a platform specifically tailored for AI workloads. Still, the company has struggled to keep up with demand, with its backlog reaching almost $67 billion. Admittedly, meeting that demand is probably its most pressing challenge, as its debt has now surpassed $21 billion, a huge burden for a company with a $3.3 billion book value.

However, analysts forecast 143% revenue growth in the upcoming fiscal year, indicating growth should remain strong for the time being. Moreover, even amid volatility, the stock is up almost 72% since its debut around one year ago. Additionally, its price-to-sales (P/S) ratio is 5.7, a low valuation for a fast-growing company.

While CoreWeave's challenges may partially explain the low sales multiple, this valuation gives investors a compelling incentive to take a chance on the stock.

3. Nebius Group

Given CoreWeave's success, it is probably not surprising that its closest competitor, Nebius Group (NASDAQ: NBIS), has also experienced rapid growth. In Q4, its $228 million in revenue rose by an astounding 547%.

Nebius is a Netherlands-based company that also offers cloud platforms specifically designed for AI workloads. Nebius also benefits from a relatively strong financial position, given its need to expand capacity. It holds about $3.8 billion in cash and claims only around $4.1 billion in total debt, a sustainable level for a company with $4.6 billion in book value.

Moreover, analysts also forecast 523% revenue growth over the next year, closely matching its Q4 growth rate.

Nonetheless, investors will have to pay for this growth. Its stock trades at a P/S ratio of 41, and with the stock up by more than 300% over the last year, it could limit near-term upside. Furthermore, the costs of meeting demand are likely to eat away at its liquidity, probably straining its balance sheet over time.

Still, with its massive growth and insatiable demand for AI-ready capacity, it is difficult to rule out Nebius's long-term growth potential.

Will Healy has positions in CoreWeave. The Motley Fool has positions in and recommends Amazon, Micron Technology, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.