At the top of my list for best AI stocks to buy in August are Nvidia ( NVDA -2.26%), Taiwan Semiconductor ( TSM -2.65%), Alphabet ( GOOG -1.51%) ( GOOGL -1.45%), and ASML ( ASML -0.55%). These four have a great combination of growth and value.

This will likely be enough to keep Google on top, and its latest results support that claim. In Q2, Google Search's revenue rose 12% year over year. That's an acceleration from Q1's 10% revenue growth, so it's fairly clear that generative AI hasn't caused significant headwinds toward Google's business yet.

Drawing from Harry Frankfurt’s classic definition, the researchers analyzed 2,400 real-world prompts across 100 artificial intelligence (AI) assistants, spanning political, medical, legal, and customer-facing contexts.