One high-flying artificial intelligence stock has soared 960% over the past year and may soon become as familiar Nvidia, the dominant, better-known and far larger maker of AI processors.
Recent stock performance notwithstanding, Nvidia, the leading provider of high-end graphics processing units (GPUs) with 80% of the global market, dwarfs Super Micro.
SMCI 1Y mountain Super Micro Computer shares over the last year Super Micro popped 13% during Thursday's session, approaching $1,000 per share.
Super Micro's already attracted the attention of the investing community, nearly doubling since reporting strong earnings at the end of January.
Bhattacharya added that Super Micro's ability to build "server technology from the ground up" gives it a strategic boost.
Persons:
Ruplu Bhattacharya, Bhattacharya, referrring, Michael Bloom
Organizations:
Nvidia, Bank of America, San, Calif, Computer, Devices, Intel, Bank
Locations:
San Jose