AI Innovation Driving Growth for Tech Stocks Like Super Micro, Amazon, Palantir
• Artificial intelligence (AI) presents many investment opportunities as its use cases span across industries like automotive, pharmaceuticals, etc. Companies creating or using AI can benefit.
• Super Micro Computer provides customized servers and solutions for AI applications and sees high demand for AI computing products. Its stock has surged over 750% in the past year.
• Amazon uses AI extensively across its e-commerce operations and provides a variety of AI services to AWS cloud customers. Its stock trades at a reasonable valuation after a pullback.
• Palantir's software helps customers analyze data and its new AI platform represents a big commercial growth opportunity. Its stock trades at a high valuation but has big upside potential.
• Investing $1,000 can get exposure to Super Micro, Amazon, and Palantir - three promising players leveraging artificial intelligence.