Why Super Micro Computer Is Bouncing Back Today
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-08-13 02:25

After last week's post-earnings sell-off, news around liquid cooling demand is helping the stock to bounce back strongly today.Shares of artificial intelligence (AI) server specialist Super Micro Computer (SMCI 6.28%) were rallying in Monday trading, up 7.2% as of 12:04 p.m. ET.The server maker plunged last week after the company's fiscal fourth-quarter earnings report, which showed booming revenue growth but also a decline in margins. But after last week's drubbing, along with the recent sell-off in AI-rel ...