Super Micro Computer (SMCI): Hyperscaler Data Center Spending Is Robust, Says Citi

Group 1 - Super Micro Computer, Inc. (NASDAQ:SMCI) is recognized as one of the best long-term tech stocks to buy according to analysts [1] - Citi has reduced its price target on SMCI stock to $39 from $48 while maintaining a "Neutral" rating, aligning its targets with the broader technology hardware group's 2026 outlook [1] - The demand for power, storage, connectors, and fiber is being fueled by strong hyperscaler data center spending [1] Group 2 - On January 11, Super Micro Computer announced a collaboration with technology partners to develop AI-powered intelligent in-store retail solutions aimed at enhancing scalability, productivity, and profitability [2] - According to the NVIDIA State of AI in Retail & CPG report, 89% of respondents indicated that AI has helped improve annual revenue, while 95% reported a decrease in annual costs [3] - Super Micro Computer develops and sells server and storage solutions based on modular and open-standard architecture [3]