Stock Market Today, Jan. 16: Super Micro Computer Jumps on AI Server Demand After Taiwan Semiconductor Results

Super Micro Computer (NASDAQ:SMCI), which designs and sells high-performance server and storage solutions, closed Friday at $32.66, up 11.01%. The stock advanced as part of a broad chip-stock rally linked to increased AI-driven sentiment following strong results from Taiwan Semiconductor (NYSE:TSM), and investors are watching whether renewed AI server demand can sustain this rebound from recent lows.Trading volume reached 77.8 million shares, coming in about 182% above compared with its three-month average ...