From Nasdaq:

Nvidia (NASDAQ: NVDA) has reported explosive growth, with revenue and net income climbing into the billions. The company’s revenue hit a record of over $22 billion. Amazon Web Services (AWS) and Super Micro Computer (NASDAQ: SMCI) are benefiting from Nvidia’s success, making them great investment opportunities.

AWS, the world’s leading cloud services provider, partners with Nvidia for AI solutions. By investing in Amazon, you can access Nvidia’s growth potential. Super Micro Computer customizes products with Nvidia chips, driving record demand. The company predicts a revenue increase of at least 101% in the current fiscal year to $14.3 billion.

Investing in Amazon provides exposure to both its e-commerce business and AWS, making it a strong buy with a forward earnings estimate of 41x. Super Micro Computer offers customized products with fast chips, resulting in strong earnings growth. The company predicts continued revenue growth, making it a compelling AI growth stock.



Read more at Nasdaq: You Don’t Have to Buy Nvidia to Benefit From Its Explosive Artificial Intelligence (AI) Growth. You Can Buy These 2 Stocks Instead.