2024-04-06 11:00:00 ET
The boom in artificial intelligence (AI) spending is unprecedented. Companies are investing billions of dollars to create data centers and other computing infrastructure in hopes of winning the AI technology wars.
Microsoft and OpenAI are reportedly set to spend $100 billion on a single supercomputer . That is a lot of money going to computing systems.
Investors have piled into the picks and shovels of the AI gold rush, like Nvidia and Super Micro Computer . But there is another AI winner that has flown under the radar: Dell Technologies (NYSE: DELL) .
For further details see:
Should You Buy This Sneaky Artificial Intelligence Stock Before It's Too Late?