AI Stocks: Flex, Jabil Called Alternative AI Hardware Plays
From Investor’s Business Daily:
Chipmakers Nvidia (NVDA) and AMD (AMD) are benefiting from the surge in artificial intelligence infrastructure spending, along with server makers Dell (DELL) and Super Micro Computer (SMCI). JPMorgan identified alternative AI stocks in the computer hardware and networking space, including Flex (FLEX), Jabil (JBL), and Lumentum (LITE). These companies will benefit from assembling data-center gear and selling optical transceiver products to cloud service providers. AI stocks have been driving the stock market higher, with Flex and Jabil making it to the IBD Tech Leaders list. Check out more stories on consumer technology and semiconductor stocks on Twitter @IBD_PSeitz.
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