Why Super Micro Computer (SMCI) Stock Is Offering Handsome Returns
SMCISuper Micro Computer(SMCI) ZACKS·2024-08-27 21:40

Super Micro Computer Inc. (SMCI) has benefited on the back of robust demand for servers powered by high-end generative artificial intelligence (AI) chipsets. SMCI designs, develops, manufactures and sells energy-efficient, application-optimized server solutions based on the x86 architecture. An astonishing rise in demand for high-performance rack servers boosted SMCI’s top and bottom lines. The stock price of SMCI has soared more than 98% this year.In order to support aggressive workloads, data centers are ...