Super Micro Computer Pops on Good News. Is the Stock Safe to Buy Now?
Super Micro Computer(SMCI) The Motley Fool·2024-12-02 17:17Shares of Super Micro Computer (SMCI 30.73%), the ailing artificial intelligence (AI) server maker, were surging today after the company finally gave investors a favorable update from its independent special committee.The report from Supermicro, which has been through a series of financial reporting setbacks, offered some good news and helped boost investor confidence.As a result, the stock was up 15.6% as of 10:23 a.m. ET. Supermicro gets some good newsIn a press release this morning, the company said that ...