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Ai Server

All articles tagged with #ai server

stock-market1 year ago•1 min saved

Super Micro Joins Nasdaq-100, Replacing Walgreens Amid AI Growth Recognition

Super Micro Computer (SMCI) shares rose over 3% in premarket trading following the announcement of its inclusion in the Nasdaq-100 Index, replacing Walgreens Boots Alliance. The AI server maker's stock has surged more than 200% in the past year, significantly boosting its market capitalization. Walgreens will be removed from several indices due to its declining stock performance.

via Investing.com|

#ai-server #nasdaq-100 #smci

businesstechnology1 year ago•1 min saved

"Super Micro Computer Seeks $2 Billion in Equity Sale Amid Stock Dip"

Super Micro Computer plans to sell 2 million shares, potentially raising $2 billion, causing its shares to drop 9% in pre-market trading. The company's stock has surged this year, outperforming Nvidia, but has recently declined. The funds raised will be used for inventory purchase, manufacturing expansion, research and development, and working capital. Goldman Sachs has the option to purchase an additional 300,000 shares within 30 days.

via Yahoo Finance|

#ai-server #businesstechnology #equity-sale