Reported 5 months ago
Super Micro Computer stock experienced a 3% decline despite Nvidia's strong quarter results, which initially boosted the stock by 11.3% before the gains receded. Super Micro purchases GPUs from Nvidia for its servers, driving investor interest following Nvidia's robust performance. Despite a recent 414% surge in Super Micro's stock price, it continues to offer growth potential in the AI sector, albeit with some valuation volatility risks. The article suggests that for investors seeking long-term AI investments, Super Micro Computer stock remains a viable option amidst the industry's growth.
Source: YAHOO