Forget Nvidia: This Infrastructure Upstart Is The Real Backdoor AI Winner
IREN's bold transformation from a Bitcoin miner to an AI infrastructure company is paying off.
Overview
Nvidia (NASDAQ: NVDA), the world's largest producer of data center GPUs, is the linchpin of the booming AI market. Most of the world's top AI companies use its GPUs to train their large language models (LLMs), and Nvidia locks in those clients with its proprietary software.
Nvidia still has a bright future, but it's already the world's largest company with a market cap of $4.7 trillion. So if you're looking for bigger gains, it might be smarter to seek out smaller, faster-growing AI companies that are still much smaller than Nvidia.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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