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Dan Ives Expect $1 Trillion in Artificial Intelligence (AI) Infrastructure Spending in the Next 3 Years. Here's My Top Pick to Benefit

The Motley Fool
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76% Informative

Supermicro is an IT architecture specialist that designs how GPUs fit in storage clusters.

The company works closely with Nvidia and AMD , and I see a couple of obvious catalysts on the horizon.

Sales of Nvidia 's new Blackwell series GPUs are projected to reach the multibillion-dollar mark by the end of the year .

Supermicro 's price-to-earnings (P/E) multiple has been coming down throughout 2024 .

Right now, we’re issuing Double Down ’ alerts for three incredible companies.

There may not be another chance like this anytime soon.

Dan Ives expects $1 Trillion in Artificial Intelligence Infrastructure Spending in the Next 3 Years . Here's My Top Pick to Benefit.

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https://www.fool.com/author/20479/https://www.fool.com/investing/2024/10/11/morgan-stanley-thinks-blackwell-chips-could-genera/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=25846326-65cd-46cb-bd8e-db583f04b51ahttps://ycharts.com/companies/SMCI/chart/https://www.fool.com/terms/g/gpu/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=25846326-65cd-46cb-bd8e-db583f04b51ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=6d83230d-c125-43e8-b5bc-d0dc1e4e85b3&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_pit%3D16623%26ftm_veh%3Darticle_pitch_feed_yahoo&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=25846326-65cd-46cb-bd8e-db583f04b51ahttps://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/investing/2024/10/18/dan-ives-says-1-trillion-will-be-spent-on-artifici/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=25846326-65cd-46cb-bd8e-db583f04b51ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=6d83230d-c125-43e8-b5bc-d0dc1e4e85b3&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16623&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=25846326-65cd-46cb-bd8e-db583f04b51a

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