15 AI Stocks on Wall Street’s Radar

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13. Super Micro Computer, Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 33

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and manufactures high performance server and storage solutions based on modular and open architecture. The stock was among the only prominent server firms that managed to rise in premarket trading as rival Dell reported third quarter earnings that fell short of market expectations. Dell shares fell 12%, while shares of other server companies like HPQ and HPE also registered downward. However, SMCI, buoyed by the submission of a recent compliance plan to Nasdaq, managed to rise by 2.5%.

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