Super Micro Computer (SMCI) Eyes $100 Amid Server Market Surge
Originally Published 6 months ago — by TipRanks
Super Micro Computer (SMCI) has rebounded strongly with a nearly 40% increase in stock price, driven by rising server shipments for AI infrastructure and a significant $20 billion deal with Saudi Arabia's DataVolt, signaling a global demand for AI servers beyond the US and China. Despite past tariff setbacks, the company's growth prospects remain robust, with a moderate buy rating and a 12-month target of $41.42.