Why Super Micro Computer Stock Rocketed to New Highs This Week
Super Micro Computer(US:SMCI) The Motley Fool·2024-02-02 00:03Week to date, shares of Super Micro Computer (SMCI 10.18%) were up 23% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers.Despite the stock's massive run over the last year, the company is seeing market share gains for its products and raised full-year revenue guidance.Why Super Micro Com ...