The Super Micro Computer (SMCI) stock return has been far beyond super as it even outperformed artificial intelligence leader Nvidia (NVDA). Super Micro has a current market capitalization of $31 billion and makes high-performance data center servers that focus on innovation and energy efficiency.
Over the past three years, SMCI delivered almost 17x while Nvidia returned 3.7x, and the company continues to raise earning guidance.
Super Micro Stock Rises As AI Computer Maker Raises Full-Year Outlook
Patrick Seitz, 1/29/24
Data center specialist Super Micro Computer (SMCI), better known as Supermicro, late Monday easily beat expectations for its fiscal second quarter. It also raised its sales guidance for the full year thanks to red-hot demand for AI computer systems. SMCI stock rose in extended trading.
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