Super Micro Computer Expected to Outperform Nvidia in 2024

Reported 8 months ago

Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) are two leading AI stocks, with Super Micro Computer showing superior growth rates, a more diversified business with growth potential, and a lower valuation. Super Micro Computer's revenue and earnings have been growing rapidly, with analysts predicting further growth. It also has room to expand in the dedicated AI server market and has a lower valuation compared to Nvidia. While both are strong long-term AI investments, Super Micro Computer is expected to continue outperforming Nvidia throughout the year.

Source: YAHOO

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