Be Wary of Super Micro Computer Stock Unless This Happens
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-11-12 19:00

The AI server maker faces a series of existential challenges.Super Micro Computer (SMCI -5.26%), also known as Supermicro, was one of the market's hottest AI stocks. The shares of the maker of high-end servers set a record high of $118.81 on March 13, representing a 5,080% gain over the previous four years.At the time, Supermicro seemed to have a bright future. Its revenue jumped 46% in 2022 and 37% in 2023, and analysts were anticipating 110% growth in 2024. That breakneck pace was driven by its soaring sh ...