Analyst sets new price target for Super Micro Computer stock

Super Micro Computer, Inc. (NASDAQ: SMCI) has been a standout performer in recent years, largely driven by the surge in artificial intelligence (AI) and its dedication to high-performance server and storage solutions. Despite some recent underperformance, certain forthcoming events could potentially spark a price rebound, making this a potentially strategic time to invest in SMCI. According to sources, SMCI has demonstrated remarkable revenue growth, increasing from $3.33 billion in fiscal 2020 to $11.81 bi ...