SMCI Gains 46.2% YTD: Should You Buy the Stock for Its AI Drive?

Super Micro Computer (SMCI) shares have jumped 46.2% year to date, outpacing the Zacks Computer – Storage Devices industry, the broader technology sector and the S&P 500 index's returns of 2.4%, 22.6% and 20%, respectively. This impressive performance can be attributed to the company's solid position in artificial intelligence (AI) infrastructure market. SMCI boasts technology and product leadership in Generative AI training and inferencing. The company's diversified AI portfolio and strong AI integrations ...