1 Incredible Artificial Intelligence (AI) Infrastructure Stock to Buy With $150 Right Now

Big tech companies say they plan to spend over $700 billion on capital expenditures this year, most of which will go toward building and outfitting data centers for artificial intelligence (AI) training and inference. A huge portion of that spending will go toward buying GPUs and custom AI accelerator chips, and many of the biggest semiconductor stocks have seen a boost from the hyperscalers' spending plans.But a lot more goes into a data center than chips. Another key component is networking equipment. The area may be somewhat overlooked amid the hype around chip stocks, and one of the leading companies in the space, Arista Networks (NYSE: ANET), has traded sideways over the last six months. Investors can currently pick up shares for less than $150 each, and it looks like a no-brainer buy right now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool