nVidia vs. SMCI

SHANGHAI, CHINA - SEPTEMBER 5, 2024 - The NVIDIA pavilion at the Bund Conference in Shanghai, China, ... [+] September 5, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO/Future Publishing via Getty Images Given its better valuation, we believe Super Micro Computer stock (NASDAQ: SMCI) is a better pick compared to its AI peer, Nvidia stock for the next three years. NVDA stock trades at 26x revenues, versus about 2x for SMCI. We think this gap in their valuation will narrow in ...