Artificial intelligence (AI) is rapidly emerging as a game-changing technology. It is reshaping the way we use technology, influencing dynamics across Australian and global markets, and destabilising the growth of major tech giants. It is even set to transform our banking industry.
It's no surprise, then, that interest in AI stocks on Australian share markets has surged.
A recent AUSIEX report reveals a 43% increase in trade volumes and a 41% increase in traded value year over year.
And some ASX-listed stocks are more in favour than others.
Appen Ltd (ASX: APX) was the most traded artificial intelligence stock on the ASX from April 1 to June 15.
This was followed by NextDC Ltd (ASX: NXT) and then BrainChip Holdings Ltd (ASX: BRN).
Here is the full list of the 10 most traded AI stocks in Q2 of the 2025 calendar year, according to AUSIEX data.
Appen
Appen provides data for training AI models, including natural language processing and machine learning systems.
The company's shares are trading 2.66% higher at $1.16 today, which represents an impressive 136.73% increase over the year to date.
Appen's share price suffered a dramatic 54.68% decrease over 72 hours in late February after the company posted a 14% decrease in revenue in its annual 2024 results. This was mostly due to the termination of its contract with Google.
The share price dropped to a low of $0.78 in April and has since slowly begun to recover.
BrainChip Holdings
Brainchip specialises in neuromorphic computing, developing the Akida chip.
The company's shares are trading 7.9% higher today at $0.205 each.
For the year, BrainChip's shares are down 4.65% thanks to a 74% spike in late-December. Investor buying rocketed after the company secured a commercial licence agreement with Frontgrade Gaisler, a Swedish leader in radiation-hardened microprocessors for space applications.
Dicker Data Ltd (ASX: DDR)
Dicker Data distributes IT hardware and software, including AI solutions, to resellers.
The company's shares are trading 0.38% lower today at $7.97 a piece.
Over the year, Dicker Data's share price has slowly corrected downwards and is 18.76% lower to date. The trend follows the company's half-year results announcement in August last year.
FBR Ltd (ASX: FBR)
FBR, or Fastbrick Robotics, develops robotic systems for construction, integrating AI for autonomous bricklaying.
The company's shares are trading hands 8.33% lower today at $0.0055 each. The share price has fallen 85.9% since February this year after the company released a disappointing update.
The current trading price represents a 78% decline over the year.
Macquarie Technology Group Ltd (ASX: MAQ)
Macquarie Technology offers data centre and cloud services that facilitate AI workloads.
The company's shares are trading 1.28% today at $65.06. Over the year, the share price is down 29.96%.
Megaport Ltd (ASX: MP1)
Megaport provides network connectivity services that support AI applications requiring high-speed data transfer.
The company's share price is trading hands at $13.47 today, 0.37% higher. The AI company is benefiting from the AI demand boom this year. The share price has risen 102.2% since January, and is up 14.25% for the year.
The team at Morgans has an accumulate rating and $15.50 price target on its shares.
NextDC
NextDC operates data centres necessary for AI processing and storage needs.
The company's share price is trading 0.91% higher today at $14.38. The stock is 18.34% lower over the year after the price plunged in April. But it has since posted a strong and consistent recovery.
Morgans is very bullish on NextDC and sees it as a great way to invest in AI. It has a buy rating and a $18.80 price target on its shares.
Opyl Ltd (ASX: OPL)
Opyl applies AI to improve clinical trials.
The company's shares are trading 42.11% higher today at $0.0080. Year-to-date, the stock's price is 35% higher.
Straker Translations Ltd (ASX: STG)
Straker offers AI-powered language translation services.
The company's share price is 7.14% higher today at $0.45 per share and is flat over the year.
Weebit Nano Ltd (ASX: WBT)
Weebit Nano develops AI-integrated memory solutions.
The company's shares are trading 4.27% higher today at $1.71. Weebit's share price spiked in November last year, and again in December, after the company said it was "well-funded for technical and commercialisation activities".
Since then, the share price has returned to levels seen before the spikes.