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Could This 1 Piece of News Turn Things Around for Super Micro Computer?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-10-11 07:10

Recent news offers a reason to be optimistic about the company's future. Super Micro Computer (SMCI -1.73%) stock soared through the first half of the year with a triple-digit gain that even beat that of artificial intelligence (AI) market star Nvidia. The reason for this positive momentum was simple: Customers flocked to Supermicro for its servers and other equipment for their AI data centers, and this translated into triple-digit revenue growth. In recent weeks, however, Supermico has faced some headwinds ...