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Artificial intelligence (AI) continues to be red hot as the new year unfolds, with companies like Meta Platforms (META), Amazon (AMZN), and Microsoft (MSFT) doubling down on capital expenditures related to the technology. Amazon, for instance, shocked investors by revealing it plans to spend $100 billion on AI this year alone.
Over the last two years, this has created outsized opportunities in popular stocks Super Micro Computer (SMCI) and Palantir (PLTR). Offering AI-driven tools and solutions for data center infrastructure, these companies rose up to meet outsized demand. Now, with Palantir’s results freshly out and Super Micro heading to the earnings confessional on Feb. 11, which is the better AI stock to buy now?