Why Super Micro Computer Stock Jumped 17% in March

Super Micro Computer was added to the S&P 500 last month.Shares of Super Micro Computer (SMCI -1.55%) were climbing again last month as the company, best known for making AI servers, was added to the S&P 500. According to data from S&P Global Market Intelligence, Supermicro stock rose 17% last month.Admission to the broad-market index caps off a dramatic run for Supermicro, as the company is also known, and the stock has gained nearly 1,000% since the start of 2023 after it emerged as a winner in the genera ...