These under-the-radar ASX AI shares are starting to turn heads

These under-the-radar ASX AI shares are starting to turn heads

By Marc Van Dinther
Publication Date: 2026-05-15 23:15:00

Interest in artificial intelligence continues to grow around the world, but true ASX AI stocks remain surprisingly rare.

This scarcity could create opportunities for investors willing to look beyond the market’s obvious winners. A handful of lesser-known ASX AI stocks still offer the kind of catalysts, operating leverage and revaluation potential that could lead to outsized returns.

Here are two names that are increasingly attracting investor attention.

Image source: Getty Images

Macquarie Technology Group Ltd (ASX: MAQ)

First up is Macquarie Technology. This ASX AI share is quickly becoming one of the clearest “picks and shovels” of the AI ​​boom.

With the increasing adoption of artificial intelligence, the demand for data centers, cloud infrastructure, cybersecurity and sovereign hosting solutions is exploding. These are exactly the areas in which Macquarie Technology is investing aggressively.

In March, the company secured a $200 million hybrid investment from government-backed National…