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Why Super Micro Computer (SMCI) Stock Is Offering Handsome Returns
Super Micro ComputerSuper Micro Computer(US:SMCI) ZACKSยท2024-08-27 13:40

Super Micro Computer Inc. (SMCI) has benefited on the back of robust demand for servers powered by highend generative artificial intelligence (AI) chipsets. SMCI designs, develops, manufactures and sells energyefficient, application-optimized server solutions based on the x86 architecture. An astonishing rise in demand for high-performance rack servers boosted SMCI's top and bottom lines. The stock price of SMCI has soared more than 98% this year. In order to support aggressive workloads, data centers are a ...