Jim Cramer, a renowned market analyst from CNBC, recently identified Super Micro Computer (NASDAQ:SMCI) as a pivotal player in the tech infrastructure industry.
What Happened: On Tuesday, Cramer praised Super Micro Computer, describing the company as more than just a subsidiary of Nvidia, CNBC reported. He referred to it as a “pick and shovel story” for the cloud and artificial intelligence (AI) sectors.
“It is more than just an offshoot of Nvidia,” he said.
Cramer emphasized that Super Micro Computer’s role in the tech infrastructure landscape extends beyond its association with Nvidia. He highlighted the company’s importance in the development and growth of cloud and AI technologies.
Why It Matters: ...