SMCI - Better Cloud Computing Stock: Alphabet vs. Super Micro Computer
2024-07-15 20:45:00 ET
The arrival of artificial intelligence into the mainstream is a boon for the cloud computing industry. AI needs enormous amounts of data and computing power to execute tasks, both of which are readily available in a cloud environment.
Two prominent businesses benefiting from AI and its impact on the cloud computing market are Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Super Micro Computer (NASDAQ: SMCI) , commonly known as Supermicro.
Here's how these two tech companies are reaping the rewards from the AI-driven cloud computing boom, and if you had to choose just one to invest in, which might prove the better long-term investment.
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Better Cloud Computing Stock: Alphabet vs. Super Micro Computer