SMCI stock defies market odds and rallies above $1,000

With just two months into the year, it has already been an odd-defying one for artificial intelligence (AI)-related stocks. Making this a moot point was Super Micro Computer (NASDAQ: SMCI), which rallied above $1,000 yesterday, March 4, 2024. As the server and computer infrastructure company continues its relentless rise, it experienced a price jump of $168.86 (18.65%) on Monday, with its current price now standing at $1,075.SMCI Stock Price Chart. Source: TradingView Yesterday’s surge comes after the techn ...