Top 5 AI Companies on the ASX by 2025
Top AI Stocks on the ASX: July 2025
In the dynamic world of artificial intelligence (AI), several Australian companies are making significant strides. Here's a snapshot of the top AI stocks listed on the Australian Securities Exchange (ASX) by market capitalization, along with their market caps and share prices as of July 2025:
| Company Name | Ticker | Market Cap (AUD) | Share Price (AUD) | |----------------------|--------|-----------------------|-------------------| | NextDC Ltd | NXT | AU$8.7 billion | AU$13.60 | | Megaport Ltd | MP1 | AU$2.07 billion | AU$13.95 | | Nuix Ltd | NXL | AU$691.23 million | AU$2.06 (approx.) | | BrainChip Holdings | BRN | AU$410.83 million | AU$0.20 (approx.) | | Weebit Nano | WBT | AU$362.64 million | Not explicitly stated | | Appen Ltd | APX | Not explicitly stated | AU$1.16 |
NextDC (ASX:NXT) leads the pack with a market cap of approximately AU$8.7 billion and a share price of AU$13.60. Megaport (ASX:MP1) follows closely with a market cap around AU$2.07 billion and a share price close to AU$13.95.
Nuix (ASX:NXL) specializes in investigative analytics and intelligence software, with a market cap of AU$691.23 million and a share price of AU$2.06 (approx.). BrainChip (ASX:BRN) focuses on AI hardware, boasting a market cap of AU$410.83 million and a share price of AU$0.20 (approx.). Weebit Nano's core technology, Resistive Random-Access Memory (ReRAM), is positioned to be a crucial enabler for the future of AI, particularly in the realm of edge AI and neuromorphic computing.
Appen (ASX:APX) is also a major AI stock, trading at around AU$1.16 per share with strong trading volumes, but its exact market cap was not specified in the sources.
These companies are recognized as prominent AI-related firms on the ASX, either by focusing on AI technology development or providing AI-related cloud and data solutions. Some sources also highlight Appen, BrainChip, and NextDC as among the most traded and influential AI stocks on the ASX in 2025.
Notable Developments
- BrainChip showcased its advancements in event-based vision at Embedded World 2025.
- Megaport's customer base includes cloud service providers like Amazon's AWS and Microsoft's Azure.
- NEXTDC received the Pacific Telecommunications Council's Outstanding Data Centre Company award for 2025.
- BrainChip announced a partnership with Information System Laboratories focused on AI-based radar research solutions based on Akida.
- As of March 2025, Weebit Nano is collaborating with companies like Embedded AI Systems to demonstrate the advantage of ReRAM in ultra-low-power applications.
- NEXTDC obtained NVIDIA's DGX-Ready Data Centre Program certification in August 2024.
These developments underscore the companies' commitment to pushing the boundaries of AI technology and delivering innovative solutions to the market.
BrainChip Holdings (ASX:BRN), specializing in AI hardware, is actively showcasing its advancements in event-based vision, such as at Embedded World 2025.
Megaport Ltd (ASX:MP1), a notable AI stock, has a diverse customer base that includes cloud service providers like Amazon's AWS and Microsoft's Azure.
