Less than a month after making an all-time high (ATH), the shares of Super Micro Computer Inc. (NASDAQ: SMCI) have again broken their price record, alongside flashing a signal that could flip that positive trend and turn it into a sell-off following the new ATH.As it happens, the SMCI stock has reached the second most overbought level in history on its weekly chart, in addition to still boasting the highest weekly relative strength index (RSI), according to the observations by analytics platform Barchart in ...

The artificial intelligence trend is still in full swing, and right now the market is enamored with AI server manufacturer Super Micro Computer (NASDAQ:SMCI). However, even if you’re ultra-bullish about AI hardware, there’s no need to pay an exorbitant price for SMCI stock.Granted, Super Micro Computer posted impressive quarterly results and is about to be included in a major stock index. On the other hand, the market is highly efficient and already knows about these events. This looks like a case of overea ...

The momentum driving Super Micro Computer's (SMCI 4.47%) sharp rise is continuing Wednesday. Supermicro shares rose as much as 7% in morning trading and were still about 4% higher by mid-afternoon. Those gains came in the wake of an earnings report from cybersecurity leader CrowdStrike that impressed Wall Street and strengthened the notion that demand for computing power is continuing to increase.The stock has delivered a remarkable 300% jump year to date, and Supermicro and its insiders are taking advantag ...

Super Micro Computer (SMCI 3.97%), also known as Supermicro, continued to gain ground on Wednesday after a brief pause. The stock was up by as much as 7.2% in morning trading, and as of 11:35 a.m. ET, it was still up by 4.2%.The catalyst that sent the artificial intelligence (AI) server maker higher Wednesday was (more) rosy coverage from a Wall Street analyst.A Street-high price targetThe latest bullish commentary came courtesy of Argus Research analyst Jim Kelleher, who initiated coverage on Supermicro wi ...

Super Micro Computer Inc is in the red today after an insider sold 5,000 shares of the artificial intelligence server company.How many shares of $SMCI did he sell?Copy link to sectionSherman Tuan – an independent director of Supermicro unloaded about $4.37 million worth of $SMCI on Monday. He still, however, owns over 22,000 shares of the California-based company. The insider trimmed his stake in Super Micro Computer following a close to 300% year-to-date rally in its shares.Earlier this week, a Goldman Sac ...

One of the hottest trades - Super Micro Computer (SMCI) – is set to enter the S&P 500 Index on quarterly rebalance, replacing Whirlpool. The move came on the back of its historic rally as the stock soared more than twentyfold over the past two years and over 200% just since the start of 2024. Super Micro jumped 19% to a new all-time high following the news, propelling its market cap to $60 billion (read: Time to Buy Super Micro (SMCI) Heavy ETFs as It Joins S&P 500?).Super Micro’s inclusion in the S&P 500 i ...

Super Micro Computer (SMCI -3.75%) stock is slipping in Tuesday's trading. The server-technology specialist's share price was down 5.5% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.While there isn't any business-specific news pulling Supermicro stock lower today, the company's share price is slipping as investors weigh risks in the artificial intelligence (AI) space. In particular, investors are feeling a bit more cautious about companies in the category after reports emerged t ...

With just two months into the year, it has already been an odd-defying one for artificial intelligence (AI)-related stocks. Making this a moot point was Super Micro Computer (NASDAQ: SMCI), which rallied above $1,000 yesterday, March 4, 2024. As the server and computer infrastructure company continues its relentless rise, it experienced a price jump of $168.86 (18.65%) on Monday, with its current price now standing at $1,075.SMCI Stock Price Chart. Source: TradingView Yesterday’s surge comes after the techn ...

To understand the influence of artificial intelligence on the S&P 500, look no further than the story of Super Micro Computer (NASDAQ: SMCI) stock. It is a prime example of how AI advancements have boosted the semiconductor industry.In 2024 alone, Super Micro Computer’s stock has soared by over 270%, marking an almost 1,000% increase over the past year. With a market capitalization of $64 billion, the company now stands as the 138th largest in the US, a remarkable ascent considering its absence from the top ...

Super Micro Computer (SMCI) saw a 12.7% surge in its shares during after-hours trading on Mar 1, 2024 just after the announcement that the provider of AI-optimized servers would be included in the S&P 500 index.The news puts focus on Super Micro-heavy ETFs like Invesco S&P MidCap Momentum ETF (XMMO) (SMCI’s exposure is 10.22%), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) (SMCI’s exposure is 9.91%), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) (SMCI’s exposure is 8.22%) and Amplify ...