Behind all of the snazzy interfaces of AI tools and applications such as ChatGPT and xAI sit vast swathes of data that need to be stored, transferred and processed.
This is the type of data that this US technology stock helps its customers manage. Not necessarily for ChatGPT or xAI, but certainly for thousands of other AI-powered applications that demand massive computing power.
As the AI trade evolves from a chipmaker and 'Mag 7 '- led rally to one that is broadening to software providers and cloud and data companies, this sub $100bn market cap US tech share is worth having on your watchlist...
