This Stock-Split Stock Just Ran Into Trouble. Here's Why It's Still a Buy.
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-15 17:20

It's important to focus on the long-term picture.Super Micro Computer (SMCI 3.40%) posted a fantastic first half of the year. Thanks to demand from artificial intelligence (AI) customers, in just one quarter, the company delivered sales that surpassed what it used to generate in a full year as recently as 2021. The S&P 500 and Nasdaq-100 even welcomed this 30-year-old tech company to join. And Supermicro's share price reflected all this good news, climbing 188% to outperform market darling Nvidia.In fact, t ...