Reported 2 months ago
Super Micro Computer (Supermicro), a new addition to the S&P 500, has seen its shares skyrocket by 500% since last year due to the rapid adoption of generative AI, leading to a forward stock split. Analysts predict further gains, with several maintaining buy ratings and a potential price target of $1,500, asserting Supermicro's capability to significantly grow its revenue amidst current operational challenges.
Source: YAHOO