Why Super Micro Computer Stock Surged Thursday Morning
Shares of server and storage solution specialist Super Micro Computer (SMCI 24.75%), also known as Supermicro, resumed their relentless push higher Thursday, surging by as much as 21%. As of 10:56 a.m. ET, the stock was still up 19.4%.A check of all the usual sources -- regulatory filings, analyst commentary, and financial reports -- found no company-specific news fueling the gains, which suggests the rise was due primarily to a robust earnings report from a leader in the artificial intelligence (AI) revolu ...