The Ultimate Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)

The proliferation of artificial intelligence (AI) has turned out to be a huge catalyst for the semiconductor industry, and that's not surprising as training and moving AI models into production is possible only through chips that are being deployed in huge numbers in data centers.This is the reason why Nvidia (NASDAQ: NVDA) has witnessed a massive spurt in demand for its graphics processing units (GPUs). The ability of GPUs to process huge amounts of data simultaneously has made them the default choice for cloud service providers to train large language models (LLMs). This explains why Nvidia's data center business has been growing at a phenomenal pace over the past few quarters and is expected to get even bigger in the future.However, GPUs aren't the only kind of chips that are in terrific demand thanks to the surge in AI adoption. Micron Technology (NASDAQ: MU), a manufacturer of memory chips, has also been winning big from the growing adoption of AI. This article takes a closer look at how AI has been driving Micron's business and examines why this memory specialist looks like a better AI stock to buy right now when compared to Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool