Super Micro Computer(SMCI)
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Super Micro Computer Suffers Major Losses In First Day On S&P 500
Forbes· 2024-03-18 20:02
ToplineS&P 500 debutante Super Micro Computer had a rough first day as a member of the U.S.’ leading stock index, though the artificial intelligence sweetheart remains the belle of the ball in the eyes of its longer-term investors.Supermicro had a shaky debut on the S&P 500 but its explosive returns this year outpace those of its ... [+] newfound peers.dpa/picture alliance via Getty Images Key FactsShares of Supermicro fell more than 6% Monday, pushing the Silicon Valley data storage server provider to its ...
Why Super Micro Computer Stock Gave Up Early Gains and Fell Double Digits Today
The Motley Fool· 2024-03-18 19:04
Shares of Super Micro Computer (SMCI -6.81%) were all over the stock charts today as the artificial intelligence (AI) stock was officially added to the S&P 500 index.Supermicro, as the the maker of AI servers and storage equipment is known, initially jumped on the news, gaining as much as 7.4% at the open, but slid over the course of the morning, and was down 10% by 1:05 p.m. ET. Why Supermicro couldn't hold onto its gainsSupermicro has been one of the biggest winners in the AI boom over the last year, but ...
SMCI Stock Alert: Super Micro Computer Joins the S&P 500 Today
InvestorPlace· 2024-03-18 14:02
Super Micro Computer (NASDAQ:SMCI) stock is a hot topic among traders on Monday as the company joins the S&P 500 today.This comes as shares of SMCI stock have seen incredible gains over the last year due to its artificial intelligence (AI) boom. That has Super Micro Computer stock up more than 1,000% over the prior 12 months.With that increasing value comes more recognition, which has earned the company its spot on the S&P 500. A key point of interest for investors is the company’s computer servers and infr ...
Supermicro Joins the S&P 500 Index – Recognition of Remarkable Growth in Sales and Market Capitalization
Businesswire· 2024-03-18 13:05
SAN JOSE, Calif.--(BUSINESS WIRE)--Super Micro Computer, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, has been selected to join the Standard and Poor's 500 (S&P 500) Index, which tracks 500 of the most valuable companies traded on the U.S. stock exchanges. This index reflects a broad range of for-profit organizations that have demonstrated global value and are expected to be leaders in their respective segments over the following decades. "Supermicro is honore ...
3 Green Flags for Super Micro Computer's Future
The Motley Fool· 2024-03-18 08:45
Shares of Super Micro Computer (SMCI -5.42%) have skyrocketed over the past few years, up nearly 3,000% in three years, which means investors have made a stunning 30 times their money in that short amount of time.Yet analysts continue to pour compliments on the company and raise their target prices even today, with the highest Wall Street target on the stock at $1,350 -- 26% higher than the current stock price. What continues to go right for Super Micro? A lot of things, which should enable strong growth ov ...
This Artificial Intelligence (AI) Company Has Returned Nearly 5,830% in Just Five Years and Is Headed for the S&P 500. Is It Too Late to Buy?
The Motley Fool· 2024-03-16 21:01
Perhaps the biggest business powering the markets right now is artificial intelligence (AI). It seems that every software developer is eager to cash in on AI euphoria, and technology stocks are reaping the benefits.As the S&P 500 and Nasdaq Composite trade at record levels, my eyes have been on one stock in particular. The best part? It's not in the "Magnificent Seven."Shares of Super Micro Computing (SMCI -5.42%) have soared 5,830% in just five years. So far in 2024, they have risen over 300% as of market ...
Is Super Micro Computer Ready for a Stock Split?
The Motley Fool· 2024-03-16 11:15
Super Micro Computer (SMCI -5.42%) had quite a run in the public markets. It debuted at $8 per share in March 2007 but since rocketed much higher, and is now trading around $1,100 per share.Because Super Micro Computer (often called Supermicro) has never split its stock, many are beginning to wonder if a split is inevitable. So, is there a stock split in the cards for Supermicro soon?Supermicro's stock run has been impressiveWhile Supermicro's stock has risen over 13,000% since its IPO, the lion's share has ...
Supermicro's Stock Has Quadrupled in 2024. Is There Room for More?
The Motley Fool· 2024-03-16 10:53
It's easy to see that Super Micro Computer (SMCI -5.42%) has been one of stars so far in 2024. The stock is up over 300%, meaning it has quadrupled since the start of the year. Put more plainly, a $1,000 investment on Jan. 1 would now be worth $4,000.Considering that this maker of high-performance servers started the year with about a $15 billion market value, this rise has been nothing short of impressive. But with that kind of movement, many investors are starting to wonder the same thing: "Should I keep ...
The SMCI Surprise: Why Super Micro May Be One of the Best Chip Stocks to Buy Now
InvestorPlace· 2024-03-15 17:09
Super Micro Computer Inc. (NYSE:SMCI) stock is in a great position that only looks better by closer inspection. The global information technology provider offers its clients rack-scale solutions, storage systems, and servers.Despite recent stock rally, SMCI stock remains undervalued because of its Nvidia partnership and its prime Bay Area location.A Closer Look at SMCI Stock The expansion of the artificial intelligence sectors and long-term alliances with major tech firms like Nvidia, Intel and Advanced Mic ...
Supermicro to benefit from soaring AI server market, says broker
Proactive Investors· 2024-03-14 16:33
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...