Why Super Micro Computer Stock Barreled 24% Higher This Week
Super Micro Computer(US:SMCI) The Motley Foolยท2025-02-07 20:58Investors are facing a binary event that could go either way.Shares of Super Micro Computer (SMCI), commonly called Supermicro, surged this week, jumping as much as 29.6%, according to data supplied by S&P Global Market Intelligence. As of 3:07 p.m. ET on Friday, the stock was still up 24.4%.There were a couple of catalysts that boosted investor sentiment for the artificial intelligence (AI) hardware specialist.An end to the drama?Supermicro has been a roller coaster ride for investors, and it's worth recou ...