Reported 2 days ago
Super Micro Computer stock (SMCI) soared nearly 15% as it fully recovered losses from accusations of accounting violations by Hindenburg Research. After a challenging year, including investigations and executive turmoil, the company provided an optimistic business update, sparking investor confidence. Despite remaining below its record highs, Super Micro's stock has risen 83% year-to-date, bolstered by their significant partnership with Nvidia and ambitious revenue targets for 2026.
Source: YAHOO