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This Hot Growth Stock Is Still a Buy After Enormous Gains

TheMotleyFool

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This Hot Growth Stock Is Still a Buy After Enormous Gains: https://g.foolcdn.com/editorial/images/711906/data-processing-center-microchips.jpg

When one thinks of artificial intelligence hardware stocks, the first that usually come to mind are advanced semiconductor giants such as Nvidia, Advanced Micro Devices, or Intel.

However, one tech company that incorporates all three of those companies' chips into its advanced server platforms is absolutely trouncing their stocks this year. Though the Nasdaq Composite is still down by 26.1% year to date and the iShares Semiconductor ETF is off by 29.1%, Super Micro Computer (NASDAQ: SMCI) has rocketed to a 97.3% gain.

Here's how Super Micro did it, and why the good times may continue.

Source Fool.com

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