Why Super Micro Computer Stock Surged Again Today

Super Micro Computer (SMCI 5.22%) stock was surging Thursday morning to continue a strong push higher for the supplier of data center servers. Shareholders can thank Elon Musk for today's move. After jumping more than 10%, shares were still trading higher by 7.7% as of 11:30 a.m. ET. Elon Musk's AI supercomputer xAI has been reportedly planning to build a supercomputer to power the newest version of its AI chatbot named Grok. That's great news for Supermicro as it continues to grow revenue as AI data center ...