Super Micro (SMCI) Soars 10.9% on Strong Chip Demand

We recently published 10 Firms Making Effortless 10-40% Gains. Super Micro Computer Inc. (NASDAQ:SMCI) was one of Friday's top performers. Super Micro soared by 10.94 percent on Friday to finish at $32.64 apiece, mimicking the rally in the artificial intelligence sector after one of the world’s semiconductor giants announced that it was boosting its capital expenditures this year amid strong demand. In conjunction with its earnings release on the same day, Taiwan Semiconductor Manufacturing Company said ...