Why Super Micro Computer Stock Is Skyrocketing Today

Shares of Super Micro Computer (SMCI 32.27%) were up by a remarkable 32% as of 12:15 p.m. ET Friday, according to data from S&P Global Market Intelligence.After the market closed Thursday, the high-performance server and data storage maker published preliminary results for the second quarter of its fiscal 2024 -- which ended Dec. 31. The company dramatically increased its performance targets with the update, and investors are responding by aggressively buying its shares.Q4 results will blow the doors off ex ...