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Supermicro Stock Jumps 12% Friday to Cap Off a Wild Week
SMCISuper Micro Computer(SMCI) Investopedia·2024-11-22 23:10

Key TakeawaysSuper Micro Computer shares surged 12% Friday to cap off a week that saw the stock rise nearly 80%. The gains came in the wake of a shoutout from partner Nvidia in the chipmaker’s earnings call Wednesday, and a compliance plan filed Monday to stave off delisting.  Supermicro's plan still requires approval from the Nasdaq, with Mizuho analysts telling clients the approval process could take between two and five weeks. Super Micro Computer (SMCI) shares surged 12% Friday to cap off a wild week th ...