Reported 7 days ago
The highly anticipated stock split of Super Micro Computer, a key player in AI infrastructure, is set to take effect after hours on September 30, 2024. This 10-for-1 split, following impressive growth and increasing demand for AI solutions, will reduce its share price. With its reliance on Nvidia's AI GPUs, Super Micro has seen its stock soar, but it faces challenges including demand-supply issues and scrutiny over financial practices. As AI stocks surge, investor sentiment will soon be tested with this major split.
Source: YAHOO