Could Super Micro Stock Help You Become a Millionaire?
Super Micro Computer (NASDAQ: SMCI) is arguably one of the more surprising successes of the current boom in artificial intelligence (AI) stocks. The manufacturer of servers existed in relative obscurity for decades despite expanding its operations to more than 100 countries.
However, a partnership with Nvidia has stoked demand for its servers as customers seek the hardware for running AI applications. Consequently, the stock has risen more than 2,000% in the last three years.
With those gains, investors who have held the stock for three years or more have a likely path to millionaire status even if they started with relatively small investments. What is less clear is whether small investors can expect to become millionaires by starting now.
Source Fool.com
