Why Supermicro Stock Is Skyrocketing Today

Shares of Super Micro Computer (SMCI 21.15%) are soaring on Wednesday. The company's stock gained 19.2% by 10:45 a.m. ET and had been up as much as 23.4% earlier in the day. The leap comes as the S&P 500 index gained 0.7% and the Nasdaq Composite gained 1%.Supermicro, a key partner of Nvidia, successfully met the deadline for its delayed 2024 financials. The numbers showed strong growth.Supermicro keeps its promiseThe company, which provides servers to artificial intelligence data centers, reported its FY 2 ...