From Nasdaq: 2024-11-17 07:00:00

Artificial intelligence, specifically generative AI, continues to be a hot trend with significant value for users. Chipmaker Nvidia has seen stock gains, but other players like Dell Technologies and Amazon are also thriving in the AI market. Dell stands to benefit from competitor Super Micro Computer’s missteps, positioning itself as a market leader in AI servers.

Amazon, known for its e-commerce business and Amazon Web Services, is also making hardware for connected devices and developing a major AI business focused on AWS and generative AI. Its partnership with Nvidia for GPUs offers competitive AI services, driving growth in its cloud business. Amazon’s AI business already has a multibillion-dollar annual run rate with further growth potential.

Investing in Dell Technologies may be a smart move as it stands to gain market share from Super Micro Computer in the high-performance server market. Dell’s revenue growth and potential for AI server market leadership make it an attractive investment option. Consider the Motley Fool’s top stock picks for the best investment opportunities to maximize returns in the coming years.



Read more at Nasdaq: Better AI Stock to Buy Today: Dell Technologies vs. Amazon