Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sushree Mohanty

Here's the Top AI Stock to Buy Before 2023 Ends

Super Micro Computer SMCI Nvidia Super Micro

The start of the holiday shopping season reminds us that 2023 is coming to an end. And what a year it has been! Many tech stocks have skyrocketed this year as a result of the artificial intelligence (AI) boom, which seems to have just begun. According to Statista, the AI market could grow to be worth nearly $2 trillion by 2030.

While tech industry titans like Nvidia (NVDA), Amazon (AMZN), and Microsoft (MSFT) have become the obvious choices to bet on AI growth, investors looking to capitalize on this technological wave should also take a look at Super Micro Computer's (SMCI) fundamentals. The stock is up an eye-catching 262% year-to-date, outperforming the Nasdaq Composite Index's ($NASX) 36% gain. Nonetheless, Wall Street believes the stock has more room to run.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Harry Potter and Cursed Child director pushed back on making play shorter: ‘I was dragged kicking and screaming’
Play, which originally opened in 2016 as two parts, has been condensed into one production
The Independent UK
The Independent UK
Smokers have a lower risk of Parkinson’s – we may have found out why
Smoking is one of the biggest causes of ill health and early death. Yet smokers seem to have a lower risk of developing Parkinson’s disease than non-smokers – by around half according to some studies.
The Conversation
The Conversation
NY Woman finds stolen Tamayo painting in trash; Sotheby’s sells it for $1.049 million
In 2003, Elizabeth Gibson found a brightly coloured painting in the rubbish on Manhattan’s Upper West Side. She later discovered it was Rufino Tamayo’s 1970 work “Tres Personajes”, stolen from a Houston couple in 1987. Sotheby’s planned to auction it for up to $1 million.
The Times of India
The Times of India
Jaden Newman Leaked Video Controversy: Viral Post Claims LaMelo Ball Paid Her $250K for One Encounter
A viral post claimed LaMelo Ball paid Jaden Newman $250,000 after seeing a private video, but no reliable evidence supports the alleged payment, encounter or quote.
International Business Times UK
International Business Times UK
His Wife Says Decades of Sleep Talking Nearly Went Quiet After Hypnosis Gave Her a One-Word Cue
A man's decades-long sleep talking faded after hypnosis gave his wife a librarian's "Shhhh" as a cue, a case report says. Here's what it shows.
Medical Daily
Medical Daily
A Woman Smoked, Ate, and Walked in Her Sleep, and the Behaviors Returned Every Time Her Medication Stopped
A woman sleepwalked, ate, and smoked during sleep. A 2022 case report found that one bedtime drug quieted all three until it was stopped.
Medical Daily
Medical Daily
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play