Locate artificial intelligence shares significantly climb at 500 Fortune

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Locate artificial intelligence shares significantly climb at 500 Fortune Originally Thestreet.

Economic uncertainty in the United States may be high at the present time, and it may rise further, but some things do not change.

A fixed one is the Walmart dominance on the Fortune 500 menu, a classification for companies based on its revenues for the full year for the previous year. The retail giant continued to keep its location at the top of the list for the thirteenth year in a row, indicating the ability to rise during good and bad times.

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However, last year, it brought new challenges to other companies, specifically those in the technology sector. Even the field of artificial intelligence (AI), which witnessed the boom of the demand after the launch of Chatgpt in 2022, faced collective workers and trade complications from markets like China.

While even nvidia, ((Nvda)) The market leader undisputedly faced, struggled against high fluctuations, and the surprising artificial intelligence arrow rose, most of which rose among sellers on the open, on Fortune 500 in 2024.

The CEO of Nvidia Jensen Huang and Super Micro Computer Charles Liang holds a complex year in 2024. Source & Colon; Bloomberg and Sol; Getty Images
The CEO of Nvidia Jensen Huang and Super Micro Computer Charles Liang holds a complex year in 2024. Source & Colon; Bloomberg and Sol; Getty Images

Most investors may not pay much attention to the lower parts of Fortune 500. Long list, and the same leading companies in industry tend to stir around the first ten, although Amazon is still unable to exclude Walmart.

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The ranks of the best 10 current classifications include only three technical companies, which shows the difficulty of the time when the sector spent. However, while major technology companies struggled in 2024, Super Micro Computer devices ((SMCI)) Advanced 206 Spots on the List, an achievement that many experts could have expected.

It is known for its work in designing and producing IT devices such as storage systems, servers and network equipment, the Micro is not an unknown company by any means. But last year, many major headlines were occupied for negative reasons, including accusations of accounting manipulation of Hindburg short seller’s research.

Since then, SMCI shares have been very volatile, but the short interest in the company has risen. Data from Fintel shows that it represents a currency of approximately 21 % of the shares of stocks, and it is considered a very large number. Earlier this year, it is Ranked The most technical stocks, according to the market research company Hazeltree.

Despite the higher interest, Super Micro Computer has reached a strong growth throughout the year, most likely, which increases its increase on Fortune 500. Its revenues amounted to little less than $ 15 billion, and an annual increase (YO) by 100 %, and profit growth for a year of $ 1.15 billion.



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