Super Micro Remains A 'Show-Me Story' As Analysts Weigh AI Growth Against Execution Risks

BofA Securities analyst Ruplu Bhattacharya initiated coverage on Super Micro Computer SMCI with an Underperform rating and a price target of $35 on Wednesday.Bhattacharya resumed coverage of Super Micro with an Underperform rating and a price objective of $35 (~29% potential downside). The analyst cited rising competition in the AI server and rack market as a reason for margins staying under pressure.Also Read: Super Micro Accelerates European Footprint To Meet Exploding AI NeedsHe also noted that limited a ...