/AI%20(artificial%20intelligence)/Artificial%20intelligence%20and%20machine%20learning%20concept%20-%20by%20amgun%20via%20iStock.jpg)
Artificial intelligence (AI) has become a transformative force in just about every industry globally. Ever since the AI rally began, many tech stocks have experienced hypergrowth. One such company is Super Micro Computer (SMCI), which has rallied an eye-catching 174.3% year-to-date, compared to the tech-heavy NASDAQ Composite’s ($NASX) gain of 14.6%.
The company is known for its high-performance, high-efficiency server technology and solutions. It is currently using AI to improve its product offerings and drive growth.