Why Super Micro Computer Stock Rocketed Nearly 30% This Week
Super Micro Computer(SMCI) The Motley Fool·2024-12-05 21:20One of the most volatile stocks in recent months has been Super Micro Computer (SMCI -1.60%). The company is in the business of providing solutions for the massive data center computing power needed in the artificial intelligence (AI) field.After soaring more than 300% early in the year, Super Micro faced scrutiny about its accounting practices, and the stock plunged. But it has been rebounding strongly this week as some of the accounting questions are getting answered. Week to date, Super Micro stock has j ...