Super Micro Computer (NASDAQ:SMCI) stock is a leading player in the data center hardware industry, specializing in high-performance servers and storage solutions. The company’s stock has enjoyed handsome returns in 2024, propelled by several factors hinting at a potential period of upward momentum.The rapid rise of artificial intelligence, particularly generative AI has fueled unprecedented demand for hardware infrastructure. This coupled with SMCI stock as the preferred provider of AI infrastructure mends ...

The stock's valuation could shock you after running 1,000% higher.The rush for companies to grab artificial intelligence (AI) market share has led to a surge in demand for the hardware that powers these powerful models and applications. Super Micro Computer (SMCI -23.14%) has been a significant benefactor, and the stock's exponential rise over the past year reflects that.After soaring from under $100 to over $1,200 per share, the stock -- and the broader market -- have taken a breather in recent weeks.Extre ...

The stock just received a big price target bump, suggesting it could surge impressively over the next few years.Shares of Super Micro Computer (SMCI -23.14%) have set the market on fire in the past year with outstanding gains of 795%, and one analyst believes this red-hot rally is set to continue.Supermicro's business is booming thanks to the rapidly growing demand for its artificial intelligence (AI) server solutions, and Loop Capital analyst Ananda Baruah predicts Supermicro's red-hot growth is here to st ...

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Shares of Supermicro have soared thanks to its strong relationship with AI darling Nvidia.The "Magnificent Seven" stocks have captivated investors over the past year thanks to their collective contributions to the artificial intelligence (AI) revolution. Perhaps the most closely followed is Nvidia, which specializes in graphics processing units (GPU) and data center services. Both of these computer network applications are important pillars for generative AI.One of Nvidia's closest allies is IT infrastructu ...

This company has been around for decades, but the recent AI boom has supercharged growth.Nvidia and Intel have both announced big news in recent weeks -- news that could result in rising revenue from artificial intelligence (AI) customers. Nvidia, the world's biggest AI chip company, plans to launch its Blackwell architecture along with its highest-performance chip ever later this year. And Intel will bring its new Gaudi 3 AI accelerator -- one that it says can outperform Nvidia's current chip H100 -- to th ...

Key TakeawaysThe S&P 500 tumbled 0.9% on Friday, April 19, 2024, closing below 5,000 for the first time since February as declines persisted in the tech sector.Super Micro Computer shares fell as the data storage provider opted not to preannounce its quarterly results, raising concerns about its success in leveraging AI.Paramount Global shares soared amid reports Sony is in talks with Apollo Global Management to make a possible joint bid for the media giant. Major U.S. equities indexes were mixed on Friday, ...

Super Micro surprised investors by not preannouncing a big quarter this time.Super Micro Computer (SMCI -22.94%) stock has been riding the artificial intelligence (AI) wave that Nvidia started. That makes sense to some extent. Super Micro provides the computer stacks for data centers that run the AI content powered by Nvidia's chips and software.But Super Micro stock plunged more than 20% today, as of late Friday afternoon trading. Even so, the stock has soared by more than 150% so far this year. So investo ...

Key TakeawaysSuper Micro Computer shares are plunging in intraday trading Friday after the artificial intelligence (AI) hardware maker didn't preannounce its third-quarter fiscal 2024 results.The company, which has been a darling of the AI sector, has preannounced in seven of the last eight quarters, often boosting its previous expectations.Shares of Super Micro Computer have been declining since hitting an all-time high last month. The recent slide in the stock price of Super Micro Computer (SMCI) accelera ...

Super Micro Computer Inc (NASDAQ: SMCI) is down close to 20% on Friday after revealing the date on which it plans on reporting its financial results for the third quarter.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What’s happening with Supermicro stock today?Copy link to sectionThe artificial intelligence servers company will publish its quarterly earnings report on April 30th. Supermicro stock is down sharply at writing because investors may hav ...