Why SMCI Stock Could Be on the Verge of a Multi-Year Bull Run

Super Micro Computer (NASDAQ:SMCI) stock is a leading player in the data center hardware industry, specializing in high-performance servers and storage solutions. The company’s stock has enjoyed handsome returns in 2024, propelled by several factors hinting at a potential period of upward momentum.The rapid rise of artificial intelligence, particularly generative AI has fueled unprecedented demand for hardware infrastructure. This coupled with SMCI stock as the preferred provider of AI infrastructure mends ...