10 Best Growth Stocks to Buy According to Billionaires

7. Super Micro Computer Inc. (NASDAQ:SMCI)

Rev. Growth Current Year/ Next Year: 48% / 35%

Number of Billionaire Investors: 13

Number of Hedge Fund Holders: 40

Super Micro Computer Inc. (NASDAQ:SMCI) is one of the 10 best growth stocks to buy according to billionaires. On June 10, Super Micro signed an agreement with Ericsson to explore a potential collaboration aimed at speeding up Edge AI adoption. The proposed partnership would combine Super Micro’s high-performance Edge AI compute platforms with Ericsson’s enterprise 5G connectivity solutions.

The companies plan to offer integrated commercial solutions that help enterprises deploy AI at the edge more efficiently. The offering is expected to enable businesses in retail, manufacturing, healthcare, and other industries to rapidly deploy Edge AI infrastructure along with wireless connectivity.

This initiative leverages Supermicro’s strengths in delivering energy-efficient, workload-optimized edge systems, aligning with the growing demand for Edge AI processing. By collaborating with Ericsson, Super Micro is positioning its platforms as part of a broader, ready-to-deploy ecosystem that addresses both compute and connectivity requirements.

Supermicro also recently signed an agreement with DataVolt to develop large-scale AI campuses in Saudi Arabia, marking a significant step in the region’s digital infrastructure growth. The planned facilities will utilize Supermicro’s high-density GPU platforms and advanced liquid cooling systems, aiming to enhance energy efficiency and reduce operational costs.

While final terms are still being negotiated, the companies expect the AI-related products involved in the deal to be worth at least $20 billion, highlighting the scale of the initiative. This move positions both companies at the forefront of sustainable, next-generation AI infrastructure.

Super Micro Computer Inc. (NASDAQ: SMCI) designs high-performance and energy-efficient server and storage systems tailored for various industries. Its key markets include cloud service providers, enterprises, large data centers, original equipment manufacturers (OEM), appliance manufacturers, and emerging technologies such as 5G, telecommunications, edge computing, and the Internet of Things (IoT).