The artificial intelligence (AI) sector is experiencing explosive growth, captivating investors and sending ripples through the stock market. Super Micro Computer NASDAQ: SMCI is a leading high-performance computing and AI infrastructure provider. Super Micro's financials show that it has been a beneficiary of the artificial intelligence boom, witnessing a remarkable 275% surge in its stock price since the start of the year. This impressive performance raises a critical question for investors: is it too lat ...

Supermicro's revenue just tripled in its latest quarter. I'll be upfront: Nvidia is the artificial intelligence (AI) king. There's not a lot of evidence to dispute this claim if you consider its reach, business growth, and the universal nature of its graphics processing units (GPUs) that power AI. However, if you move beyond Nvidia, there's still another layer of successful businesses riding the same wave. One of those is Super Micro Computer (SMCI 5.08%). Often referred to as Supermicro, the company builds ...

Expanded Manufacturing Footprint is Targeted to Bring Global Liquid-Cooled Rack Capacity to More than Double Today's 1,000 AI SuperClusters Shipped Per Month SAN JOSE, Calif., June 17, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, continues to expand in Silicon Valley with new campuses as the demand for liquid-cooled data center increases. The new facilities will be part of the new liquid-cooled ecosystem, reducing the time needed to ...

But now, Supermicro stock seems to be gaining momentum once again as it rose more than 12% on June 13. This surge was driven by the latest earnings reports from major artificial intelligence (AI) players such as Broadcom and Oracle. While Broadcom raised its forecast for AI chip sales for the current fiscal year, Oracle pointed out that it is building more cloud computing capacity to cater to the massive demand it's seeing. Shares of Super Micro Computer (SMCI 5.08%) have gone on a roller coaster ride so fa ...

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Super Micro Computer believes a significant shift will happen to the AI server market within the next year. *Stock prices used were the after-market prices of June 13, 2024. The video was published on June 13, 2024. In today's video, I discuss recent updates impacting Super Micro Computer (SMCI -1.01%). Check out the short video to learn more, consider subscribing, and click the special offer link below. ...

Never ignore the power of momentum. Sometimes the fastest-moving objects are the ones that keep on racing ahead. 1. Summit Therapeutics Many investors had seemingly thrown in the towel on Summit. Before the stock took off, it was down 55% year to date. What happened to turn things around? The company reported surprisingly good results for its lead pipeline candidate. In this study, which was conducted in China, patients receiving the ivonescimab/chemo combo achieved "statistically significant and clinically ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

With the tailwind of operating and financial momentum expected to continue, could Super Micro Computer be ready to power up again? I believe so, and here's why. By this measure, the company is benefiting from the explosive growth in complex data processing needs. Supermicro is recognized as building Nvidia-certified GPU server systems, including those that incorporate the newest Blackwell superchips and the B200 Tensor Core GPUs. Supermicro is moving forward with expanding manufacturing capabilities across ...

It's worth noting that SMCI joined the S&P 500 back in March of this year. Analysts have taken note of its favorable stance, raising earnings expectations and pushing the stock into a favorable Zacks Rank #2 (Buy). Analysts have been notably bullish, raising their earnings expectations across the board. Strong quarterly results have kept optimism afloat, with the current $23.51 Zacks Consensus EPS estimate for its current fiscal year suggesting 100% year-over-year growth. Gross Margin TTM - NVIDIA CORP 76.0 ...