SMCI soars 15% in pre-market; What's happening?

Despite a recent setback that saw the price of Super Micro Computer, Inc. (NASDAQ: SMCI) shares drop over 10% over the past week, SMCI stock seems to be making a remarkable recovery in its pre-market trading, during which it has made an advance of nearly 15%.As it happens, the surprising turn of events in extended hours for SMCI shares is happening thanks to Nvidia (NASDAQ: NVDA) posting a strong set of earnings results, according to an X post shared by stock market analytics platform Barchart on February 2 ...