Reported 3 months ago
Super Micro Computer's stock saw a significant rise of nearly 18% after the company reported robust sales figures for its server systems, particularly in the realm of liquid cooling solutions for AI data centers. This news comes after months of pressure due to declining profit margins and accounting concerns. Investors reacted positively to the update, as the company indicated strong ongoing demand, especially following its recent 10-for-1 stock split.
Source: YAHOO