Super Micro Computer Shares Hit a Record High as Sales Soar on AI Demand

Key TakeawaysSuper Micro Computer revenue more than doubled on surging demand for artificial intelligence products.Second-quarter revenue and earnings at the server maker, an Nvidia partner, beat estimates.Shares jumped to an all-time high and are up 600% in the past year.Shares of Super Micro Computer (SMCI) surged to an all-time high Tuesday after the server maker posted better-than-expected quarterly results and raised its guidance for fiscal 2024 as it benefits from demand for artificial intelligence (A ...