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Should You Buy Super Micro Computer Stock After Its 1,480% Gain in 5 Years? Wall Street Has a Clear Answer for Investors.
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-11-24 10:12

Super Micro Computer (SMCI 11.62%) shareholders have been through a whirlwind lately. While the stock is up 1,480% in the last two years, it has also fallen over 70% from its record high in the last eight months. As one of Nvidia's largest partners, the server maker should benefit as demand for artificial intelligence (AI) infrastructure increases, but Supermicro has also been accused of accounting manipulation.Among the 12 analysts who follow the company, the median 12-month price target of $30.50 per shar ...