Reported 2 months ago
Super Micro Computer has seen impressive growth in the AI hardware sector, with a 550% stock increase since January 2023 and a upcoming 10-for-1 stock split that could provide further momentum. Despite mixed recent financial results, analysts are optimistic, projecting a potential price surge of up to 185% to $1,500 per share. With increasing market demand and expected revenue growth, Supermicro remains a key player in the AI server market, although concerns about profit margins and competition linger.
Source: YAHOO