The Red-Hot AI Stock Hedgies Missed

Only a handful of smaller hedge funds held investments in a stock that has outperformed Nvidia.

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Illustration by II

This artificial intelligence stock has more than tripled in less than three months this year, and is worth 10 times its value at the end of 2022.

Nvidia? No, even the chip giant hasn’t performed that well.

Rather, it is Super Micro Computer, a server infrastructure company that is a big beneficiary of AI given the strong need for additional data storage.

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