Supermicro Stock Is Gaining Steam. Can the Rally Continue?

Supermicro (SMCI) stock has gained steam, surging over 35% over the past month as the company’s growth rate is expected to accelerate. The rebound comes after a post-earnings slump, when slowing sales momentum and lower-than-expected outlook briefly cooled enthusiasm for one of the market’s favorite AI hardware plays. SMCI Stock: From Post-Earnings Slump to Renewed Optimism Notably, Supermicro has seen its sales and earnings skyrocket thanks to artificial intelligence (AI)-driven demand. Its high-perform ...