Super Micro Computer (NASDAQ:SMCI) stock is falling on Tuesday after the server and storage solutions company announced a proposed public offering for its shares.This offering has the company intending to sell 2 million shares of SMCI stock. It also includes a 30-day option for underwriters to acquire another 300,000 shares. Goldman Sachs & Co. LLC is the sole underwriter and sole book-running manager for the offering.Other details about the offering are still unknown. The company hasn’t announced when the ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Super Micro Computer, Inc. (“Supermicro” or the “Company”) (Nasdaq: SMCI) today announced the launch of a proposed underwritten registered public offering of 2,000,000 shares of its common stock. In addition, Supermicro expects to grant the underwriter a 30-day option to purchase up to an additional 300,000 shares of its common stock. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be com ...

Shares of Super Micro Computer (SMCI -6.38%) are up an eye-popping 999% over the last 12 months. Given that incredible return, and the general sense of mania surrounding Artificial Intelligence (AI) stocks, some investors might think Super Micro Computer shares are in a bubble about to burst.However, I think the stock has staying power. Here's why.AI is here to stayFirst things first: Super Micro Computer is an AI stock. The company makes high-performance servers and storage systems -- the hardware needed t ...

The Full-Stack SuperClusters Include Air- and Liquid-Cooled Training and Cloud-Scale Inference Rack Configurations with the Latest NVIDIA Tensor Core GPUs, Networking, and NVIDIA AI Enterprise SoftwareSAN JOSE, Calif., March 18, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is announcing its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for th ...

Super Micro Computer (SMCI -6.38%) stock lost substantial ground in Monday's trading. The company's share price closed out the daily session down 6.4% according to data from S&P Global Market Intelligence. Notably, the pullback happened even as the S&P 500 index climbed roughly 0.8%.Supermicro stock was added to the S&P 500 today, replacing Whirlpool in the benchmark index. The move was announced on March 4, and the server specialist's stock posted explosive gains on the news. Even with today's pullback, Su ...

Key TakeawaysSuper Micro Computer Inc. lost about 6% of its value Monday after being added to the S&P 500 index.The Silicon Valley maker of data centers has experienced a significant rise in its share value over the last year due to soaring demand tied to the rise of artificial intelligence (AI).Despite the day's dip, the company was still up more than 250% so far this year. Super Micro Computer Inc. (SMCI)'s stock lost the most value of any S&P 500 company on Monday, its first day included in the index. On ...

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 ...

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 ...

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 ...

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 ...