Is Super Micro Computer Stock a Buy?
Super Micro Computer(US:SMCI) The Motley Fool·2024-04-21 07:25The stock's valuation could shock you after running 1,000% higher.The rush for companies to grab artificial intelligence (AI) market share has led to a surge in demand for the hardware that powers these powerful models and applications. Super Micro Computer (SMCI -23.14%) has been a significant benefactor, and the stock's exponential rise over the past year reflects that.After soaring from under $100 to over $1,200 per share, the stock -- and the broader market -- have taken a breather in recent weeks.Extre ...