Reported about 17 hours ago
Super Micro Computer's stock surged by 15.4% today after Nvidia reported strong Q3 results that exceeded Wall Street expectations. As one of Nvidia's key clients, Supermicro is benefiting from Nvidia's optimistic revenue forecast and robust demand for AI infrastructure. However, there are lingering concerns about Supermicro's financial oversight following the resignation of its auditor, leading to uncertainty around the stock's long-term outlook.
Source: YAHOO