Author: Harsh Chauhan, The Motley Fool

An acceleration in its growth, combined with its cheap valuation, makes it a no-brainer buy right now.

The recent sell-off has opened an opportunity for savvy investors to buy top companies at incredibly cheap valuations.

Both these names are playing a key role in boosting the adoption of AI and have witnessed a nice acceleration in their growth thanks to this technology.

If quarterly results on December 3 are stronger than expected, the company’s nice turnaround should add fuel to its impressive rally.

A recent update from management suggests that this semiconductor company could come out of its rut and deliver healthy, long-term growth.