Posted 4/7/2024, 11:42:24 PM
AI Hardware Demand Fuels Growth for Super Micro and Peers
- AI market expected to grow rapidly to $738B by 2030, with companies like Nvidia, SoundHound AI, and Super Micro Computer benefiting
- SoundHound AI provides voice recognition capabilities across industries but faces risks from big tech competition
- Super Micro Computer makes hardware tailored for AI needs and has seen huge stock gains lately
- Top investor JR Research is more favorable on Super Micro due to its leadership in AI servers and hardware
- Super Micro has strong growth runway ahead with expanding AI model complexity and data center demand