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Home » Move over, Nvidia: Fund manager likes 'overlooked' chipmaker with billions in AI chip sales

Move over, Nvidia: Fund manager likes 'overlooked' chipmaker with billions in AI chip sales

Move over, Nvidia: Fund manager likes ‘overlooked’ chipmaker with billions in AI chip sales

When it comes to the world of artificial intelligence (AI) and chip technology, Nvidia has long been considered the undisputed leader. However, one fund manager believes there is an overlooked chipmaker that is poised to give Nvidia a run for its money.

That chipmaker is Xilinx, a company that has been quietly making waves in the AI space with its innovative chip technology. While Nvidia has dominated the market with its powerful graphics processing units (GPUs), Xilinx has been quietly carving out its own niche with its field-programmable gate arrays (FPGAs).

FPGAs are specialized chips that can be reprogrammed on the fly to perform specific tasks, making them ideal for AI applications that require flexibility and fast processing speeds. Xilinx’s FPGAs have been used in a wide range of industries, from telecommunications to automotive, but it is in the AI space where the company is really shining.

In fact, Xilinx has already secured billions of dollars in sales from AI chip deployments, with customers including the likes of Amazon, Microsoft, and Baidu. The company’s chips are being used in everything from cloud computing to autonomous vehicles, and its revenues have been growing steadily as a result.

Despite its impressive track record, Xilinx has often been overshadowed by Nvidia in the AI chip market. However, some investors are starting to take notice of the company’s potential, including fund manager Jim Cramer, who recently touted Xilinx as a strong buy for investors looking to capitalize on the booming AI market.

Cramer believes that Xilinx’s stock is undervalued compared to its competitors, making it an attractive investment opportunity for those looking to get in on the ground floor of the AI revolution. With the company’s strong track record and growing revenues, it’s easy to see why he is bullish on Xilinx’s prospects.

While Nvidia may still hold the crown as the king of AI chips, Xilinx is proving that there is room for more than one player in the market. With its innovative technology and impressive sales figures, Xilinx is a chipmaker that investors should not overlook. It may just be the next big thing in the world of AI technology.