Super Micro Computer Stock Forecast: Can SMCI Hit $1,200 Again?

It’s been a long way down for Super Micro Computer (NASDAQ:SMCI). After riding the artificial intelligence wave to new heights and hitting $1,229 per share, Super Micro Computer stock lost over a third of its value.The catalyst for much of the loss was barely missing analysts bloated revenue expectations. And though Super Micro came up just short, the stock sold off and took down much of the rest of the tech sector with it. Other chipmakers fell in sympathy, including Nvidia (NASDAQ:NVDA) and Advanced Micro ...