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Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?


//business-finance.news-articles.net/content/202 .. these-2-millionaire-maker-ai-stocks-instead.html
Published in Business and Finance on Monday, November 25th 2024 at 12:48 GMT by Bill Williamson   Print publication without navigation

  • Microsoft turned into a growth stock again after Satya Nadella, who became its CEO in 2014, drove the company to transform its desktop-based software into cloud-based services and mobile apps. It also turned Azure into the world's second-largest cloud infrastructure platform and expanded its hardware and gaming businesses.

The article from Yahoo Finance discusses why investors might want to consider buying shares in Nvidia instead of Super Micro Computer (SMCI). It highlights Nvidia's significant growth in the AI sector, with its stock soaring 249% in the past year due to high demand for its AI chips. Nvidia's CEO, Jensen Huang, has emphasized the company's focus on AI, positioning Nvidia as a leader in this transformative technology. The article points out that while SMCI has also benefited from AI trends, Nvidia's established dominance, broader product ecosystem, and consistent innovation make it a more compelling investment. Nvidia's forward-looking statements suggest continued growth, supported by its robust financial performance, including a 265% year-over-year revenue increase in its data center segment. The piece concludes by suggesting that Nvidia's stock, despite its high valuation, still offers potential for significant returns due to the ongoing AI revolution.

Read the Full YAHOO!Finance Article at [ https://finance.yahoo.com/news/forget-super-micro-computer-buy-201500647.html?fr=sycsrp_catchall ]

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