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Why Super Micro Computer Stock Soared Today
The Motley Fool· 2024-01-08 21:41
Super Micro Computer (SMCI 9.64%) stock made big gains in Monday's trading. The company's share price closed out the daily session up 9.6%, according to data from S&P Global Market Intelligence.Super Micro Computer gained ground in conjunction with favorable macroeconomic analysis, bullish coverage from analysts on companies in the memory-chip industry, and recent announcements from Nvidia at the 2024 Consumer Electronics Show (CES). With the added boost from today's gains, Super Micro Computer stock is now ...
1 Excellent Artificial Intelligence (AI) Stock to Buy in Bunches in 2024
The Motley Fool· 2024-01-08 15:35
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Super Micro Computer. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Stock Split Watch: Is Super Micro Computer Next?
The Motley Fool· 2024-01-08 13:43
Super Micro Computer (SMCI 1.15%), more commonly known as Supermicro, has generated massive returns since its IPO in 2007. The producer of pre-built servers went public at $8, and its stock now trades at about $290 per share.But even after that 3,550% rally, Supermicro has never split its stock. Could it finally split its high-flying stock in the near future to bring its price back down to the double digits? Why did Supermicro's stock skyrocket?Supermicro didn't attract much attention after its IPO because ...
Supermicro Announces Participation in Upcoming Investor Events
Businesswire· 2024-01-04 21:05
SAN JOSE, Calif.--(BUSINESS WIRE)--Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage and 5G/Edge, today announced its participation in the upcoming investor conferences: Event: CJS Securities 24th Annual “New Ideas for the New Year” Conference Date: January 10, 2024 Fireside chat: 12:50 pm PT Location: virtual Event: 26th Annual Needham Growth Conference Date: January 16, 2024 Location: virtual 1x1 meetings only About Super Micro Computer, Inc. Supermicro ...
3 Reasons I'm Passing On Super Micro Computer Stock in 2024
The Motley Fool· 2024-01-04 12:13
Server and storage system manufacturer Super Micro Computer (SMCI -1.69%) has gone from an under-followed value stock to a top pick among investors looking to bet on artificial intelligence (AI). 2023 was an excellent year: The stock soared nearly 250% higher. By all indications, Super Micro could still be a great value right now. But I'm passing once again on this data center and enterprise compute manufacturer. Here are three reasons why.1. Super Micro is sitting on a massive opportunity, but so is everyo ...
Super Micro Computer(SMCI) - 2024 Q1 - Quarterly Report
2023-11-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________________________ Form 10-Q __________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission F ...
Super Micro Computer(SMCI) - 2024 Q1 - Earnings Call Transcript
2023-11-02 00:27
Super Micro Computer, Inc. (NASDAQ:SMCI) Q1 2024 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Charles Liang - Founder, President and CEO David Weigand - Chief Financial Officer Michael Staiger - Vice President, Corporate Development Conference Call Participants Ananda Baruah - Loop Capital George Wang - Barclays Mehdi Hosseini - Susquehanna Financial Group Jon Tanwanteng - CJS Securities Nehal Choski - Northland Capital Markets Aaron Rakers - Wells Fargo Operator Thank you for s ...
Super Micro Computer(SMCI) - 2023 Q4 - Annual Report
2023-08-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ Form 10-K ______________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___________to___________ Commission F ...
Super Micro Computer(SMCI) - 2023 Q4 - Earnings Call Transcript
2023-08-09 02:46
Super Micro Computer, Inc. (NASDAQ:SMCI) Q4 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Michael Staiger - Vice President, Corporate Development Charles Liang - Founder, Chairman and Chief Executive Officer David Weigand - Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Capital Markets Mehdi Hosseini - SIG Adam Rakers - Wells Fargo Jon Tanwanteng - Northland Securities Ananda Baruah - Loop Capital Operator Thank you for standing by. My name is A ...
Super Micro Computer(SMCI) - 2023 Q4 - Earnings Call Presentation
2023-08-09 00:02
FISCAL Q4 2023 RESULTS August 8, 2023 Better Faster Greener™ © 2023 Supermicro DISCLOSURES Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release that are not historical fact may be forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements may relate to, among other things, the first quarter of fiscal year 2024 and full year fiscal 2024 guidan ...