Super Micro Computer Stock Climbs After Its Post-Earnings Swoon
SMCISuper Micro Computer(SMCI) Investopedia·2024-08-13 06:01

Key TakeawaysSuper Micro Technology stock posted solid gains on Monday, clawing back some of the losses posted after last week's earnings report.Declining margins contributed to the pressure on the stock, but Supermicro said it sees a path to margin improvement through manufacturing efficiencies.A report published over the weekend highlighted the potential of Supermicro's direct liquid cooling technology. Super Micro Computer (SMCI) shares jumped more than 6% on Monday, recovering a portion of the steep los ...