Why Super Micro Computer Stock Soared Today

Super Micro Computer (SMCI 9.64%) stock made big gains in Monday's trading. The company's share price closed out the daily session up 9.6%, according to data from S&P Global Market Intelligence.Super Micro Computer gained ground in conjunction with favorable macroeconomic analysis, bullish coverage from analysts on companies in the memory-chip industry, and recent announcements from Nvidia at the 2024 Consumer Electronics Show (CES). With the added boost from today's gains, Super Micro Computer stock is now ...