Super Micro Computer Has Dropped 18%. Will It Soar After its Stock Split?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-24 16:10

AI demand has helped Supermicro's revenue jump in the triple digits.Earlier this year, Super Micro Computer (SMCI 1.90%) proved itself as one of the powerhouses in today's economy. Thanks to demand from artificial intelligence (AI) customers for its equipment, the company delivered triple-digit revenue growth. Stock performance followed, with shares posting a first-half gain of 188%, even beating the gain of market darling Nvidia. And Supermicro scored invitations to join the S&P 500 and the Nasdaq 100, ano ...