Reported 2 months ago
Super Micro Computer (SMCI) saw its stock price rise over 15% on Monday after announcing it is shipping over 100,000 GPUs quarterly and unveiling a new liquid cooling solution for AI data centers. This increase in shipments could generate significant revenue between $1 billion to $4 billion, reflecting a growing trend in AI infrastructure. Despite previous challenges, including a 22% drop in August due to accounting allegations, the company's shares have rebounded, rising 65.43% this year.
Source: YAHOO