Friday morning got off to a blistering start for data center infrastructure specialist Super Micro Computer (NASDAQ:SMCI) as management upgraded its expectations for the quarter ending December. Subsequently, SMCI stock skyrocketed not only on the news but also the underlying credibility of multiple burgeoning ecosystems.According to a Reuters report, the San Jose, California-based enterprise expects net sales to land between $3.6 billion and $3.65 billion for its second quarter of fiscal year 2024. Previou ...

Shares of Super Micro Computer (SMCI 32.27%) were up by a remarkable 32% as of 12:15 p.m. ET Friday, according to data from S&P Global Market Intelligence.After the market closed Thursday, the high-performance server and data storage maker published preliminary results for the second quarter of its fiscal 2024 -- which ended Dec. 31. The company dramatically increased its performance targets with the update, and investors are responding by aggressively buying its shares.Q4 results will blow the doors off ex ...

Super Micro Computer (SMCI 32.05%) stock is rocketing higher Friday. The server-and-storage company's share price was up 32.6% as of 1 p.m. ET, according to data from S&P Global Market Intelligence.After the market closed yesterday, Super Micro Computer published updated guidance for the second quarter of its 2024 fiscal year, which closed Dec. 31. The guidance updates indicate that the business is seeing huge demand driven by the rise of artificial intelligence.Take a look at the guidance comparison for th ...

Super Micro Computer, one of the best-performing tech stocks of the past few years, soared more than 30% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates.The company said revenue for the fiscal second quarter, which ended Dec. 31, will come in at $3.6 billion to $3.65 billion, well above prior guidance of $2.7 billion to $2.9 billion. Analysts on average were expecting revenue of $3.06 billion, according to LSEG, formerly known as Re ...

Growth investors often dream of becoming millionaires with a modest investment. They often hope to find the next Home Depot or Amazon before they become widely known, leading to outsized returns.Finding such stocks is easier said than done, and promising growth stories often get derailed. However, one possible stock with such potential is Super Micro Computer (SMCI -1.09%).What is Super Micro Computer?Super Micro has existed for more than 30 years and has become a leading manufacturer of servers. The compan ...

Key PointsHardware maker Super Micro has successfully ridden the coattails of AI juggernauts Nvidia, Intel and AMD.In November, the company raised its fiscal 2024 outlook to $10 billion to $11 billion in revenue.Analysts expect year-over-year earnings and revenue growth when the company reports its second quarter in late January. 5 stocks we like better than Super Micro ComputerSuper Micro Computer Inc. NASDAQ: SMCI started 2024 with a bang, rallying 18.87% in the past week. The stock is in a buy zone, trad ...

da-kuk My Thesis I believe that Super Micro Computer, Inc. (NASDAQ:SMCI) stock is still too cheap to fully price in the true growth potential of its operations over the next 3-5 years. With a strong market position, several external tailwinds, and internal financial strength, SMCI stock appears poised for another stellar year for investors. My Reasoning Super Micro Computer, Inc., a global leader in high-performance server and storage solutions, specializes in developing and manufacturing cutting-edge produ ...

The most recent trading session ended with Super Micro Computer (SMCI) standing at $343.31, reflecting a +0.27% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.07% loss on the day.Prior to today's trading, shares of the server technology company had gained 25.27% over the past month. This has outpaced the Computer and Technology sector's gain of 2.5% and the S&P 500's gain of 3.98% in that time.Analysts and investors alike will be keeping a close eye on the performance o ...

High-end tech component manufacturer Super Micro Computer (SMCI 7.32%) was a superstar stock for many investors on Tuesday.As the influential Consumer Electronics Show in Las Vegas kicked off, Super Micro saw a boost not only from that, but from a positive analyst note on other stocks associated with artificial intelligence (AI). This raises the question, however, of whether Super Micro was deserving of the 7%-plus lift its stock price enjoyed as a result. Buy recommendations and price target lifts boosted ...

Shares of Super Micro Computer (SMCI 6.77%) were rallying big for the second day in a row on Tuesday, up 5.3% as of 12:46 p.m. ET.The company didn't disclose any new company-specific news today, but will appear at an industry analyst conference tomorrow. In addition, today's rally was likely further fueled by a similar two-day rally for Nvidia, Super Micro's close partner in artificial intelligence (AI) servers, which did have some positive news.Following yesterday's new product announcements at CES around ...