Reported 8 months ago
Shares of Super Micro Computer (SMCI) are increasing as the company announces the addition of three new manufacturing facilities globally and in Silicon Valley to support the rising demand for artificial intelligence and enterprise rack scale Liquid Cool solutions, reflecting the growth of AI needs in Big Tech. Market analysts remain bullish on SMCI due to its competitive position in the expanding AI server market, which has led to a 225% stock increase this year.
Source: YAHOO