Investors looking for ways to play the artificial intelligence frenzy may want to take a look at this little-known communications software stock doing business with Nvidia .
Jefferies analyst George Notter reiterated his buy rating on Amdocs , citing the company's key advantages within the artificial intelligence space.
"There's a ton of opportunity to shift customers to Cloud," he wrote in a recent note.
"The company also has a strong runway ahead in their AI opportunity, especially with their new Nvidia deal.
Critical to the company's AI strategy is its recent partnership with Nvidia to customize large language models utilizing the chipmaker's AI foundry service, Notter said.
Persons:
George Notter, Notter, Jefferies
Organizations:
Nvidia, Jefferies