Super Micro Computer(SMCI)
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Super Micro Computer: Understanding The Recent Developments, Reversal Possible
Seeking Alpha· 2024-11-23 15:15
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myse ...
Supermicro Stock Jumps 12% Friday to Cap Off a Wild Week
Investopedia· 2024-11-22 23:10
Key TakeawaysSuper Micro Computer shares surged 12% Friday to cap off a week that saw the stock rise nearly 80%. The gains came in the wake of a shoutout from partner Nvidia in the chipmaker’s earnings call Wednesday, and a compliance plan filed Monday to stave off delisting. Supermicro's plan still requires approval from the Nasdaq, with Mizuho analysts telling clients the approval process could take between two and five weeks. Super Micro Computer (SMCI) shares surged 12% Friday to cap off a wild week th ...
S&P 500 Gains and Losses Today: Supermicro Stock Rallies To Finish Strong Week
Investopedia· 2024-11-22 23:10
Key TakeawaysThe S&P 500 added 0.4% on Friday, Nov. 22, 2024, wrapping up a strong week for stocks highlighted by earnings from chipmaker Nvidia and major retailers.Super Micro Computer shares wrapped up a week of massive gains with an 11.6% advance on Friday, notching the top daily performance in the S&P 500 for the fourth time this week.Although Intuit posted strong sales and profit results, the financial software firm issued a lackluster outlook for the current quarter, and its shares moved lower. Major ...
Are These Beaten Down Stocks Worth a Look? SMCI, NKE
ZACKS· 2024-11-22 16:15
The performance of a few stocks over the last few months has left a sour taste in investors’ mouths, with popular stocks such as NIKE (NKE) and Super Micro Computer (SMCI) unable to gain any meaningful traction.Image Source: Zacks Investment ResearchWhat’s been impacting shares? Let’s take a closer look at each.SMCI vs. Hindenburg Research SMCI shares have been decimated since making their all-time high in mid-March, a stark turnaround after an enormous run to begin the year. Shares faced pressure following ...
What's Happening With Super Micro Stock?
Forbes· 2024-11-22 13:27
POLAND - 2024/11/15: In this photo illustration, a Super Micro logo is displayed on a smartphone ... [+] with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSuper Micro Computer stock (NASDAQ: SMCI) gained about 15% in Thursday’s trading and remains up by close to 66% over the past week. The gains come as the company appears to have bought itself more time from being delisted from the Nasdaq exc ...
Why SMCI stock price is rallying
Finbold· 2024-11-22 10:37
The still-ongoing controversy surrounding Super Micro Computer (NASDAQ: SMCI) is one of the most notable events to happen in the booming semiconductor industry in 2024.Not so long ago, SMCI stock was up as much as 316% on a year-to-date (YTD) basis. Almost all of those gains have been erased — at the tail end of October, SMCI shares even went into the red. Allegations of fraud from short-selling activist group Hindenburg Research made in August caused an initial selloff. This was soon followed by Super Micr ...
Super Micro Computer Stock Jumped Today. Here's What Investors Need to Know
The Motley Fool· 2024-11-21 20:13
A relief rally in Super Micro Computer (SMCI 15.89%) stock is back on track today after taking a breather on Wednesday. Shares of the artificial intelligence (AI) server stack provider exploded higher on Tuesday after the company announced plans to address corporate governance and accounting questions.That rally stalled yesterday with some investors taking profits as uncertainty remained regarding Supermicro's underlying business. But one clue that it remains on track came during the Nvidia earnings call ye ...
Why Super Micro Computer Stock Is Soaring Today
The Motley Fool· 2024-11-21 18:33
Supermicro's highly volatile stock is getting a boost from Nvidia today.Super Micro Computer (SMCI 16.12%) stock is posting big gains in Thursday's trading. The company's share price was up 15.4% as of 1:15 p.m. ET.Supermicro stock is gaining ground on the heels of Nvidia's recently published third-quarter results. Supermicro is one of Nvidia's largest customers, and the artificial intelligence (AI) leader's Q3 results, commentary, and forward guidance are sending bullish signals for other AI stocks.Nvidia' ...
Super Micro Computer: Bargain Buying Opportunity Has Finally Arrived (Upgrade)
Seeking Alpha· 2024-11-21 13:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Super Micro Computer May Have Avoided a Major Risk. Is This Beaten-Down Stock a Buy?
The Motley Fool· 2024-11-21 09:15
Super Micro Computer (SMCI -8.74%) started the year with plenty of promise. The stock soared 188% in the first half, even beating market darling Nvidia, thanks to its dominance in the artificial intelligence (AI) equipment market. Investors piled into the stock as the company reported record demand for its data center equipment from AI customers -- and that resulted in triple-digit revenue growth.But troubling news started to pile up a few months ago, halting Supermicro's fantastic momentum -- and the share ...