Artificial intelligence (AI) came of age in 2023, and while the technology has been around in one form or another for decades, recent advances have captivated Wall Street and Main Street alike. As a result of the ensuing AI gold rush, investors are taking a fresh look at companies best suited to profit from the latest secular tailwinds.One such company is Super Micro Computer (SMCI -19.99%), also known as Supermicro. The company has been supplying high-end servers since 1993 but has only recently captured t ...

Is it Too Late to Buy SMCI Stock?Is it too late to get into SMCI after this parabolic run? Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.Is It Too Late to Buy SMCI Stock?While we’ve all been enamoured with the performance of chip giant NVIDIA ($726.13|-0.06%) this year, there is another semiconductor stock that has demolished NVIDIA’s returns. That’s right, I’m talking about ...

The share price of Super Micro Computer (NASDAQ: SMCI) has experienced a recent surge, reaching new heights due to the company’s strategic focus on the growing artificial intelligence (AI) trend. Notably, investor confidence in the stock propelled SMCI to an all-time high of $1,077 during early Friday, February 16 trading.However, the stock failed to maintain momentum above the $1,000 level, concluding Friday’s trading session with a nearly 20% decline, settling at $803. This marked the end of a nine-day wi ...

Super Micro Computer (SMCI -19.99%) stock has crushed the broader market in the past three years, with eye-popping gains of almost 2,990%, outpacing the tech-heavy Nasdaq-100 Technology Sector index's return of just 22% by a huge margin.You may be wondering if it is worth buying Supermicro, as it is commonly known, shares now following their stunning surge. The good news is that the stock for this producer of high-performance and high-efficiency computer servers trades at less than 5 times sales as of this ...

Super Micro Computer (SMCI -19.99%) stock got crushed in Friday's daily trading. The server and storage technology specialist's share price closed out the daily session down 20%, according to data from S&P Global Market Intelligence.Notably, Supermicro stock actually started Friday's trading session on a bullish note. The company's share price had been up as much as 7.4% early in the day. The initial gains may have been thanks to the unveiling of Sora -- OpenAI's new text-to-video artificial intelligence so ...

Super Micro Computer (SMCI) made a sharp bearish reversal in heavy volume after topping the 1,000 level and making an all-time high Friday morning. The abrupt change in direction sent investors scrambling for their next move.X Super Micro Computer stock opened higher but gains vanished in the first half-hour of trading. In midday trading, shares were down about 12% in volume nearly six times its average.Explosive moves such as SMCI's cannot be sustained. The stock had tripled from its breakout at 357 in Jan ...

Information technology (IT) specialist Super Micro Computer (NASDAQ:SMCI) is giving semiconductor powerhouse Nvidia (NASDAQ:NVDA) a run for its money. However, the main question here centers on the forward viability of SMCI stock and the rabid enthusiasm for artificial intelligence (AI) related businesses.Today is providing a reality check for Super Micro Computer, which specializes in high-performance servers and server management solutions. Heading into the afternoon, SMCI stock is down more than 10%. Nev ...

Super Micro Computer Inc.’s monster run was stalling Friday, as its stock looked to snap its longest winning streak in over seven years. Shares of the server maker had run up nearly 200% in a month, through Thursday’s close, and had catapulted some 900% on a 12-month basis as well. Wall Street seems excited about Super Micro’s SMCI, -12.19% potential to capitalize on the artificial-intelligence frenzy, but Wells Fargo’s Aaron Rakers suggested that this enthusiasm may already be baked into the stock pric ...

Super Micro Computer (SMCI 4.03%) stock's incredible rally has continued this week. The sever and storage company's share price was up 35.6% from last week's market close before the market opened this Friday, according to data from S&P Global Market Intelligence.Super Micro Computer stock got a boost from favorable coverage from multiple analysts, and it also got a boost from bullish coverage on Nvidia. Supermicro's share price is now up roughly 253% across 2024's trading and 980% over the last year.Wall St ...

Shares of Super Micro Computer (SMCI 12.21%) -- better known as Supermicro -- have doubled since it reported its most recent quarterly results two weeks ago. That's because sales and earnings are soaring. The provider of server infrastructure that powers artificial intelligence (AI) computing for data centers is riding the explosive growth in business uses of AI.The stock continued its move higher Thursday after Bank of America Securities analyst Ruplu Bhattacharya initiated coverage of Supermicro with a bu ...