Reported 12 months ago
According to Loop Capital, Super Micro Computer, an AI company in the S&P 500, has outperformed Nvidia this year with a 212% surge. The company's close partnership with Nvidia, building block architecture for customizable servers, and new DLC technology for energy efficiency and cooling have fueled its growth. Loop Capital analyst Ananda Baruah raised the stock's price target from $600 to $1,500 per share, based on Supermicro's reputation in AI deployments and expected revenue growth to $30-40 billion by 2026.
Source: YAHOO