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Why Artificial Intellingence (AI) Stock Super Micro Computer Popped This Week
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-10-10 17:08

A short-seller report knocked the stock down, but Supermicro says business is booming. Super Micro Computer (SMCI -1.21%) stock has gotten crushed over the last six months. Shares of the provider of server, storage, and coolant systems for the massive data center buildout have been cut in half during that time. But the stock is still up by over 60% year to date from high demand as large technology companies work to quickly expand artificial intelligence (AI) computing capacity. This week, shares began to re ...