Why SMCI stock is surging

After troubling months dominated by accounting concerns, the share price of Super Micro Computer (NASDAQ: SMCI) is rallying after it emerged that the artificial intelligence (AI) giant had no misconduct.At the close of trading on December 2, SMCI was at $42, gaining over 28% for the day. In the past month, the stock has been up 61%. In 2024, SMCI has rallied 47%. In pre-market trading on December 3, the equity is up over 6%, trading at $44.SMCI one-week stock price chart. Source: FinboldWhy SMCI stock is ra ...