Super Micro Computer's (SMCI) Meteoric Rise Continues

There aren’t too many stocks that have had a more blockbuster start to 2024 than Super Micro Computer, Inc. (SMCI) . This manufacturer of high-performance storage solutions in the modular and open architecture domain has seen its share price skyrocket 139.8% year to date as of Feb 6. If one goes further back, they will find it has grown a whopping 730.2% since the beginning of 2023.The California-based company currently has a market cap of around $37 billion, approximately eight times its size at the end of ...