Reported 2 months ago
Super Micro Computer (NASDAQ: SMCI) saw a significant stock surge, rebounding 7.2% after its previous decline following mixed earnings results. The company anticipates nearly 100% revenue growth for the upcoming year despite current margin pressures tied to increased shipping costs for direct liquid cooling (DLC) components. A recent Wall Street Journal article highlighting Supermicro's pioneering DLC solutions, crucial for Nvidia's upcoming Blackwell chips, has further boosted investor confidence. As demand for AI technology remains robust, Supermicro stands to benefit significantly in the coming months.
Source: YAHOO