Super Micro Stock's Newest Bull Says It's 'The Coolest Kid in AI Town'
SMCISuper Micro Computer(SMCI) Investopedia·2024-09-19 04:55

Key Takeaways Analysts at Needham started coverage of Super Micro Computer with a "buy" rating and a bullish price target. The server maker has the potential to double its manufacturing capacity of liquid cooling rack systems in the long term, Needham analysts said. Super Micro's stock has drawn skepticism in recent weeks from other analysts, including those at JP Morgan, though the share remains up substantially year-to-date. Super Micro Computer (SMCI) shares are trading for less than half of their 2024 h ...