Reported 10 months ago
Super Micro Computer (NASDAQ: SMCI) has gained attention with its stock performance, particularly due to assembling computer servers for AI applications. Investors who bought into the company five years ago have seen extraordinary returns, with a $1,000 investment now valued at $42,460, showcasing an impressive average annual return of 112%. Despite Supermicro's longer history, its recent exponential growth starting in 2020, fueled by AI chip integration from Nvidia, has significantly boosted its stock over the years. Despite the substantial gains, the current price-to-earnings ratio (P/E) of 45 remains reasonable, suggesting further potential for returns in the AI market.
Source: YAHOO