Super Micro Computer(SMCI)
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2 Millionaire-Maker Artificial Intelligence (AI) Stocks
The Motley Fool· 2024-03-02 10:07
Buying and holding great companies for the long run is a tried-and-tested way of making money in the stock market, as investors can not only benefit from secular growth opportunities by following this philosophy but also take advantage of the power of compounding.Artificial intelligence (AI) has emerged as the next big growth opportunity for investors. Bloomberg estimates that the generative AI market, which was worth $40 billion in 2022, could generate a whopping $1.3 trillion of annual revenue in 2032. Th ...
Super Micro Computer To Join the S&P 500 With UGG-Maker Decker Outdoors
Investopedia· 2024-03-02 00:45
Key TakeawaysSuper Micro Computer is joining the S&P 500 after artificial intelligence has spurred outsized growth for the server company's stock.Deckers Outdoor will also join the index on the back of resilient consumer spending on their popular brands like HOKA and UGG.The two will replace Whirlpool and Zion Bancorporation, the latter of which has struggled during the tumult in regional banks. Super Micro Computer Inc. (SMCI) is riding the artificial intelligence wave into the S&P 500 joined by Deckers Ou ...
Super Micro joining S&P 500 after stock price soars by more than 20-fold in two years
CNBC· 2024-03-01 23:19
Super Micro Computer is joining the S&P 500 following a historic rally in the stock that's pushed the company's market cap past $50 billion.The shares, up more than 20-fold in the past two years and over 200% just since the start of 2024, climbed another 8% in extended trading on Friday.Super Micro is replacing Whirlpool, according to a press release. Deckers Outdoor is also joining the S&P 500, replacing Zions Bancorp.Stocks added to the benchmark index often rise in value because funds that track the S&P ...
Super Micro Computer: Why I Believe The Show Must Go On
Seeking Alpha· 2024-03-01 21:40
magnez2/iStock Unreleased via Getty Images Investment thesis My previous bullish thesis about Super Micro Computer, Inc. (NASDAQ:SMCI) calling the stock "dirt cheap" was a very nice bet because the stock price has tripled over the last three months, which is a sensational rally and I hope that it made solid returns for my readers. A lot has happened since December 2023, and today I want to update my thesis with new insights and an updated valuation, which is crucial because there was a big guidance boost du ...
Why Super Micro Computer Stock Is Surging Today
The Motley Fool· 2024-02-29 18:39
The stock of Super Micro Computer (SMCI 5.86%) is rallying in Thursday's trading. The share price was up 5.9% as of 12:30 p.m. ET today, according to data from S&P Global Market Intelligence.Super Micro is gaining ground today thanks to bullish news for Nvidia. In addition to positive coverage for the chipmaker from an analyst, it was also announced that a new partner had joined Nvidia's machine-vision platform.Nvidia gives Super Micro another boostMovements for Nvidia's share price often have ripple effect ...
Super Micro Computer Fell Today -- Is This a Great Chance to Buy the Artificial Intelligence (AI) Stock?
The Motley Fool· 2024-02-28 23:58
Super Micro Computer's (SMCI -4.06%) share price slipped in Wednesday's trading. The artificial intelligence (AI) stock ended the daily session down 4.1%, according to data from S&P Global Market Intelligence.Top AI stocks lost ground in today's trading, and Supermicro got caught up in the pullback. Recent filings published through the Securities and Exchange Commission (SEC) showed that members of Nvidia's board of directors had recently sold roughly $80 million worth of company stock.In addition to news t ...
Best AI Stock: Super Micro Computer vs. SoundHound AI
The Motley Fool· 2024-02-28 09:45
Fool.com contributor Parkev Tatevosian compares Super Micro Computer (SMCI -2.88%) and SoundHound AI (SOUN 19.30%) to determine the best artificial intelligence stock for long-term investors to buy now. *Stock prices used were the afternoon prices of Feb. 25, 2024. The video was published on Feb. 27, 2024. ...
Is SMCI stock buy or sell?
Finbold· 2024-02-27 13:38
Amidst the recent surge in the artificial intelligence (AI) sector, stocks directly or indirectly linked to this industry have seen robust growth. One of the standout performers is Super Micro Computer (NASDAQ: SMCI), which has witnessed a remarkable 760% growth over the past year.In 2024, SMCI stock has already surged by over 200%, pushing its valuation close to $900. This raises the question of whether investors missed out on potential earnings and whether SMCI stock is a buy.SMCI 1-year stock price chart ...
Super Micro's stock price may already fully reflect the AI boom — but even that still has legs
Market Watch· 2024-02-27 02:45
Shares of Super Micro Computer Inc., the once little-known server maker that has rocketed higher over the past year, may already fully reflect the company’s ability to cash in on the artificial-intelligence craze. Super Micro’s stock SMCI, +1.90% is up about 200% so far this year and up 800% over the past 12 months, reflecting enthusiasm for the company’s growth and its early relationship with AI darling Nvidia Corp. NVDA, +0.35%. But the stock market’s AI euphoria is calling to mind the dot-com bubble for ...
Why Super Micro Computer Stock's 20% Plunge Is A Buying Opportunity
Forbes· 2024-02-26 16:03
BRAZIL - 2024/02/02: In this photo illustration, the SuperMicro Computer, Inc. logo is displayed on ... [+] a smartphone screen and in the background. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesShort selling is a dangerous game now playing out in at least one company riding the tsunami of demand driven by AI chatbots like ChatGPT.The company in question is Super Micro Computer SMCI — the San Jose, Calif.-based maker of Generative A ...