3 High-Conviction Tech Stocks to Buy After Recent Pullbacks

The technology sector has long been a magnet for innovation and volatility, but 2025 has brought a unique confluence of forces: regulatory shifts, geopolitical realignments, and the maturation of artificial intelligence (AI) as a foundational economic pillar. While the sector has experienced sharp corrections in recent months, these pullbacks have created strategic entry points for disciplined investors. Three stocks—ASML (ASML), Marvell Technology (MRVL), and CoreWeave (CRWV)—stand out as high-conviction buys, offering undervalued momentum, robust fundamentals, and long-term growth potential across AI, quantum computing, and streaming innovation.

1. ASML (ASML): The Gatekeeper of AI's Future

ASML, the Dutch semiconductor equipment giant, is the linchpin of the AI revolution. Its extreme ultraviolet (EUV) lithography machines are the only tools capable of producing the 3nm and 2nm chips that power the next generation of AI models. Despite a 16% discount to its fair value, ASML remains undervalued relative to its dominance in a market projected to grow at 36% annually through 2030.

The company's recent performance underscores its strategic importance. Revenue in H1 2025 grew 34% year-over-year, driven by surging demand from hyperscalers and AI leaders like Nvidia. ASML's $5 billion EUV production capacity expansion, slated for Q4 2025, will further solidify its position as the sole supplier of cutting-edge lithography tools. With TSMC expected to order over 50 EUV systems in 2026, ASML's revenue visibility is robust. For investors, the key catalysts are its ability to maintain pricing power and its role in enabling the AI infrastructure boom.

2. Marvell Technology (MRVL): The Unsung Hero of AI Infrastructure

Marvell, a semiconductor and data infrastructure play, has quietly positioned itself at the intersection of AI and cloud computing. The company's 63% year-over-year revenue growth in Q2 2025 reflects its success in supplying AI-optimized processors to hyperscalers like AWS. A multiyear partnership with AWS to deliver Octeon-based AI accelerators is a critical tailwind, while its expansion into the Asia-Pacific region opens new markets.

Marvell's undervaluation is striking: at a 12x P/E ratio, it trades at a 30% discount to its intrinsic value. The company's recent $1.2 billion AWS order and a potential $300 million acquisition of an AI startup could unlock significant upside. For long-term investors, Marvell represents a high-conviction bet on the infrastructure layer of AI, where margins and demand are both expanding.

3. CoreWeave (CRWV): The Sovereign AI Disruptor

CoreWeave, a rising star in AI cloud services, has surged 187% in 2025 but remains attractively positioned after a recent pullback. The company's business model—renting servers packed with Nvidia GPUs—aligns perfectly with the AI training boom. With a $7% stake from Nvidia and a focus on sovereign AI contracts (e.g., with governments seeking to localize infrastructure), CoreWeave is capitalizing on both technological and geopolitical trends.

The company's expansion to 300,000 GPU deployments by 2026 and a $300 million Q3 2025 capital raise for data centers in Europe and the Middle East highlight its scalability. While its valuation is still speculative (4.5x price-to-sales), CoreWeave's revenue guidance of $2.1 billion for 2025 and its strategic alignment with Nvidia make it a compelling high-risk, high-reward play.

Strategic Entry Points and Long-Term Logic

The pullbacks in these stocks are not signs of weakness but opportunities to buy into companies with structural advantages. ASML's EUV monopoly, Marvell's infrastructure pivot, and CoreWeave's sovereign AI focus all address critical bottlenecks in the AI ecosystem. For disciplined investors, the key is to balance valuation discipline with momentum timing. ASML and Marvell offer margin of safety through their undervaluation and recurring revenue models, while CoreWeave's high-growth trajectory requires a longer time horizon.

In a market polarized between overvalued growth and undervalued value, these three stocks represent a rare trifecta: innovation, fundamentals, and long-term compounding potential. As AI transitions from model training to widespread deployment, the winners will be those who build the infrastructure—and the investors who recognize it early.