Generative artificial intelligence (AI) could be one of the most impactful technology megatrends of our lifetimes, with analysts at Bloomberg expecting it to become a $1.3 trillion market as more companies build large language models and other applications. 

Advanced Micro Devices (NASDAQ: AMD) and Super Micro Computer (NASDAQ: SMCI) can unlock significant revenue potential by developing the hardware and infrastructure other enterprises need to build these demanding platforms. Let's discuss what this could mean for investors.

Up by 62% so far this year, AMD's stock has richly rewarded investors -- although not quite as much as its rival Nvidia, which soared 200%. While the computer chip company historically focused on lower-margin central processing units (CPUs), which help run laptops and personal computers, its investments in AI-capable chips, called "accelerators," could help set the stage for impressive long-term gains. 

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Source Fool.com