"Super Micro's S&P 500 Debut Sparks 1000% Rally Amid AI Boom"

Super Micro Computer Inc.'s stock has surged over 1,000% in the past year, potentially surpassing Nvidia Corp. as the best-performing stock in the S&P 500. The company's market capitalization has increased by $48 billion, reaching nearly $64 billion, and it is set to be added to the S&P 500 Index later this month. This move will increase AI representation in the index and could potentially drive the S&P higher. Despite some recent volatility and short seller activity, Wall Street remains bullish on the company, with 11 buy ratings and a high price target of $1,300.