SMCI Stock Rally: 45% Gain in 2 Days Could Be Just the Start

Super Micro Computer TodaySMCISuper Micro Computer$45.84 +6.95 (+17.87$17.25▼$101.40P/E Ratio23.01Price Target$45.25Add to WatchlistAfter more than a year of struggles and uncertainties, the market for Super Micro Computer NASDAQ: SMCI is ready to rebound, rebound strongly, and continue rallying on into the year’s end. The reason is that the accounting issues are behind it, and the news cycle is increasingly positive. The most visible catalyst is the U.S. opening of Saudi Arabian AI markets ...