1 Beaten-Down S&P 500 Artificial Intelligence (AI) Stock Down 30% to Buy Hand Over Fist Now
Sophisticated semiconductor chips known as graphics processing units (GPU) play an important role in the development of artificial intelligence (AI).
One thing some investors might not realize, however, is that chip designers such as Nvidia and Advanced Micro Devices rely heavily on outside parties for their chip distribution.
The surging demand for chips has served as a bellwether for increased capital expenditures (capex) in areas like data center infrastructure. This is where Super Micro Computer (NASDAQ: SMCI), a server-rack and equipment architecture specialist, comes into play.
Source Fool.com
