Nvidia vs. Super Micro Computer Stock: Billionaire David Shaw Bought One and Sold the Other in the Third Quarter.

Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI) both are playing key roles in one of today's hottest growth areas: artificial intelligence (AI). Nvidia sells graphics processing units (GPUs) that power critical tasks such as the training and inferencing of models, along with many other related products and services. Supermicro is a behind-the-scenes player, integrating these and other top AI chips into its servers and workstations for data centers.Both companies have seen earnings soar in recent quarters, thanks to demand from AI customers. This has translated into share performance, with Nvidia and Supermicro advancing 2,600% and 1,700%, respectively, over the past five years.Investors who got in on these stocks early greatly benefited, and one, in particular, is billionaire David Shaw. His company D.E. Shaw & Co. has held shares of Nvidia since 2008 and shares of Supermicro since 2022. Computer-scientist Shaw founded the hedge fund back in 1988 and specializes in quantitative investing, a process involving computational methods to make decisions.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool