Meta Platforms (META) hits a new all-time high as shares continue to climb, up more than 50% y/y. Supermicro (SMCI) plans to provide a 2Q business update on Tuesday, as the stock enjoys an early month rally.
Strength in the Server & Storage System segment is likely to have aided SMCI's top and bottom-line growth in the second quarter.
SMCI recently announced its Q2 FY2025 earnings call will be held on February 11, which is expected to be a significant game-changing catalyst. This announcement significantly increases the likelihood that the company will meet its FY2024 10-K filing deadline as agreed with Nasdaq, thereby greatly reducing delisting risks. I expect this event to quickly narrow the gap between SMCI's share price and its fair value, with a 143% upside potential indicated by my DCF.
Where will Super Micro Computer's (SMCI 7.99%) stock go? That's the big question investors are wondering these days, as there is so much controversy involving the business.
Focus shifts to SMCI as the server maker announces an upcoming fiscal update.
The server maker's shares have climbed 12% this week, powered higher by two bits of good news.
Super Micro Computer (SMCI 7.99%) has delivered both ups and downs to investors over the past year. The maker of servers and workstations has benefited from artificial intelligence (AI) demand as data centers expand and launch upgrades -- and early last year that led to triple-digit revenue growth and outstanding stock performance.
Super Micro Computer (SMCI) shares are likely to remain on investors' radar screens after moving sharply higher Wednesday for a second consecutive day, as the embattled server maker announced that it's ramping full production availability of its latest artificial intelligence (AI) data center server solution.
Super Micro Computer (SMCI 8.78%) stock has been in limbo for months now. The company has been mired in an accounting controversy, and has been at risk of being delisted from the Nasdaq stock exchange since last summer.
Shares of troubled server maker Super Micro Computer (SMCI), or Supermicro, surged for a second straight session after it said it would give a second-quarter business update next week.
Supermicro (SMCI) announced full production of Nvidia's (NVDA) Blackwell Rack-Scale Solutions with NVIDIA HGX B200. The company plans to provide a 2Q business update on Feb. 11.
Zacks.com users have recently been watching Super Micro (SMCI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.