Profile
Sector:
TechnologyIndustry:
Computer HardwareCountry:
United StatesIPO:
29 March 2007Website:
http://www.supermicro.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 7 min agoDividend
Analysts recommendations
Institutional Ownership
SMCI Latest News
Super Micro (NASDAQ: SMCI ), a provider of unique server and cooling solutions for high-powered computing, has been on a tear as a direct result of the AI narrative. Even Tesla (NASDAQ: TSLA ) CEO Elon Musk has joined the fray, launching his xAI as a competitor to OpenAI and others in the large language model space.
Down 33% from its 52-week high, Super Micro Computer (NASDAQ: SMCI ) stock is a screaming buy at current levels. Despite the pullback and volatility seen in SMCI stock during the just completed second quarter, the company's share price is up 188% year to date, making it the best performing stock in the benchmark S&P 500 index.
Super Micro shares have been in a league of their own in 2024, gaining nearly 190% and aided by robust quarterly results.
A partnership with Nvidia changed the game for Supermicro stock. The stock has risen 3,400% since the beginning of the decade.
Supermicro is benefitting from the same trends as Nvidia. The stock was valued for perfection in mid-March.
The tech stock ended June trading with a 2024 gain of 188%, while the pharmacy chain has fallen 54%.
Super Micro Computer (NASDAQ: SMCI ) stock still has multiple, strong, positive catalysts. Among them are the rapid growth of artificial intelligence, the firm's ongoing, critical competitive advantages and its market share gains.
Super Micro (SMCI) is the best performer, Nvidia (NVDA) is the second-best performer, and Intel (INTC) is the third worst performer in the S&P 500 in the first half. Jenny Horne and Rick Ducat talk about Super Micro, Intel and Nvidia (NVDA) and the technical trends in the stocks.
Super Micro Computer (NASDAQ: SMCI ) stock is having a moment. Over half the company's revenue comes from AI GPU platforms.
You'd have a tough time finding an S&P 500 company growing faster than Nvidia in the second quarter. But there is one.
What type of business is Super Micro Computer?
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services. The company also provides application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company primarily operates in the United States, Europe, Asia, and internationally. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.
What sector is Super Micro Computer in?
Super Micro Computer is in the Technology sector
What industry is Super Micro Computer in?
Super Micro Computer is in the Computer Hardware industry
What country is Super Micro Computer from?
Super Micro Computer is headquartered in United States
When did Super Micro Computer go public?
Super Micro Computer initial public offering (IPO) was on 29 March 2007
What is Super Micro Computer website?
https://www.supermicro.com
Is Super Micro Computer in the S&P 500?
Yes, Super Micro Computer is included in the S&P 500 index
Is Super Micro Computer in the NASDAQ 100?
No, Super Micro Computer is not included in the NASDAQ 100 index
Is Super Micro Computer in the Dow Jones?
No, Super Micro Computer is not included in the Dow Jones index
When does Super Micro Computer report earnings?
The next expected earnings date for Super Micro Computer is 08 August 2024