Super Micro Computer (NASDAQ: SMCI) and Intel (NASDAQ: INTC) have been in the limelight over the past year or so thanks to the ability of both companies to capitalize on the booming demand for artificial intelligence (AI) chips. But a closer look at the stock price performance of both companies tells us that investors are heavily favoring one of them over the other.
While share prices of Super Micro Computer (doing business as Supermicro) have jumped a stunning 776% in the past year, Intel has recorded relatively modest but solid gains of 71%, outpacing the PHLX Semiconductor Sector index’s 57% gains. Supermicro stock’s outstanding surge has brought its market cap from $5 billion a year ago to more than $48 billion as of this writing.
Intel’s market cap, on the other hand, has increased from $104 billion a year ago to $181 billion as of this writing. Supermicro, therefore, has enjoyed…