Super Micro Computer Has Outperformed Nvidia Halfway Through 2024. Can It Do the Same to End the Year?
Super Micro ComputerSuper Micro Computer(US:SMCI) The Motley Fool·2024-07-16 11:15

While Nvidia's (NASDAQ: NVDA) performance has been impressive to start the year, it hasn't outperformed one stock in the S&P 500, Super Micro Computer (SMCI -1.35%). So far in 2024, Supermicro is up around 217%, while Nvidia trails it with a 172% rise. Regardless, you're incredibly happy if you've owned either of these stocks. But could Supermicro continue its outperformance to cap off an incredible rise in 2024? Super Micro Computer is another beneficiary of the artificial intelligence arms race But will t ...