Will Super Micro Computer Be a Trillion-Dollar Company by 2030?
Artificial intelligence (AI) is all the rage surrounding tech stocks. The technology has ever-evolving applications and is quickly disrupting businesses around the globe.
One of the most important pillars in AI is semiconductors. High-performance graphics processing units (GPUs) from the likes of Nvidia and Advanced Micro Devices are critical for sophisticated models specializing in machine learning or quantum computing.
While chip manufacturers represent a more direct way to invest in generative AI, savvy investors understand that there are a whole host of other opportunities alongside semiconductors. At the moment, perhaps the most lucrative of these opportunities is Super Micro Computer (NASDAQ: SMCI). The company designs architecture for IT solutions including server racks and storage clusters, and has close ties to Nvidia and AMD.
Source Fool.com
Advanced Micro Devices Inc. Stock
With 82 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 175 € shows a positive potential of 35.16% compared to the current price of 129.48 € for Advanced Micro Devices Inc..
