Why Super Micro Computer Stock Surged Today

Super Micro Computer (SMCI 10.91%) stock posted big gains in Friday's trading. The server specialist's share price closed out the day's trading up 10.9% amid gains of 1.2% for the S&P 500 index and 1.7% for the Nasdaq Composite index.In addition to bullish momentum for the broader market today, Super Micro Computer (also called Supermicro) stock got a big boost from new artificial intelligence (AI) spending guidance from one of the tech industry's biggest players. While some investors and analysts have ques ...