Why Super Micro Computer Stock Rocketed Nearly 30% This Week

Show Stocks and Investing Publications

Sat, December 7, 2024

[ Sat, Dec 07th 2024 ]: TheStreet.com

Stock Investing News, Analysis and Tips

[ Sat, Dec 07th 2024 ]: Business Insider

'Selling $1 bills for $3': Why bond buyers and eq .. an't get enough of bitcoin-obsessed MicroStrategy

[ Sat, Dec 07th 2024 ]: MSN

Why Is Amazon.com Inc. (AMZN) Among the Best Tech Stocks for Long Term Investment?

[ Sat, Dec 07th 2024 ]: The Motley Fool

3 Warren Buffett Stocks to Buy Hand Over Fist in December

[ Sat, Dec 07th 2024 ]: MSN

Here's Why Cintas (CTAS) is a Strong Growth Stock

[ Sat, Dec 07th 2024 ]: The Motley Fool

SuperMicro Shares Soar After Special Committee Review. Is It All Clear to Buy the Stock?

[ Sat, Dec 07th 2024 ]: Yahoo Finance

Bitcoin clears another record: Is now the time to invest?

[ Sat, Dec 07th 2024 ]: The Motley Fool UK

My Stocks and Shares ISA's up almost 40% in 2024! Here's my strategy for 2025

[ Sat, Dec 07th 2024 ]: Yahoo Finance

Stock market today: Nasdaq, S&P 500 pop to strong .. gains after jobs report boosts Fed rate cut odds

[ Sat, Dec 07th 2024 ]: MSN

Should Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) Be on Your Investing Radar?

[ Sat, Dec 07th 2024 ]: The Motley Fool

Why Rivian Automotive Stock Is Soaring Today

[ Sat, Dec 07th 2024 ]: The Globe and Mail

Sprott Physical Gold Trust Updates Its "At-the-Market" Equity Program

Fri, December 6, 2024

[ Fri, Dec 06th 2024 ]: U.S. News & World Report

The Rule of 72: How to Double Your Money in 7 Years

[ Fri, Dec 06th 2024 ]: Wall Street Journal

The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week

[ Fri, Dec 06th 2024 ]: Wall Street Journal

Stock Market Today: Indexes Gain After Solid Jobs Report

[ Fri, Dec 06th 2024 ]: ABC

Stock market today: Wall Street hits more records following a just-right jobs report

[ Fri, Dec 06th 2024 ]: U.S. News & World Report

10 Tips for Retirement Investing

[ Fri, Dec 06th 2024 ]: The Motley Fool UK

Recently released: the 3 best growth-focused stocks to consider buying in December [PREMIUM PICKS]

[ Fri, Dec 06th 2024 ]: The Motley Fool Canada

Build a Cash-Gushing Passive-Income Portfolio With Just $40,000

[ Fri, Dec 06th 2024 ]: thenightly

BlackRock unveils 2025 predictions, says artifici .. ntelligence will eliminate 'boom and bust' cycles

[ Fri, Dec 06th 2024 ]: ABC

Stock market today: Wall Street rises after solid jobs data keeps hope alive for a coming rate cut

[ Fri, Dec 06th 2024 ]: USA Today

Wall Street stocks, Bitcoin take breath from record highs ahead of US jobs data

[ Fri, Dec 06th 2024 ]: Forbes

3 Long-Term Stocks To Buy In 2025

[ Fri, Dec 06th 2024 ]: The Motley Fool Canada

TSX on the Rise: 4 Momentum Stocks to Buy Immediately

[ Fri, Dec 06th 2024 ]: Forbes

Johnson & Johnson Enters Oversold Territory

[ Fri, Dec 06th 2024 ]: Business Insider

Oriental Rise Holdings Ltd trading resumes

[ Fri, Dec 06th 2024 ]: FXStreet

Gold Price Forecast: XAU/USD's path of least resi .. ce appears down as US Nonfarm Payrolls data looms

[ Fri, Dec 06th 2024 ]: Kiplinger

Ulta Beauty Stock Gets a Much-Needed Boost After Earnings

[ Fri, Dec 06th 2024 ]: 24/7 Wall St

Should I buy a stock before or after a stock split?

[ Fri, Dec 06th 2024 ]: Business Insider

Stock market today: Indexes rise as rate-cut odds edge up after jobs report

[ Fri, Dec 06th 2024 ]: bnnbloomberg

BlackRock's Big Bet on GIP Puts Fink's Firm in Local Spotlight

[ Fri, Dec 06th 2024 ]: bnnbloomberg

A $500 Billion Haul Reignites Passive Controversy on Wall Street

[ Fri, Dec 06th 2024 ]: The Globe and Mail

3 Reasons Why I Bought Celsius Stock

[ Fri, Dec 06th 2024 ]: FTAdviser

What Trump's win means for investors

[ Fri, Dec 06th 2024 ]: The Globe and Mail

ERES Files Management Information Circular for Sp .. es Unitholders to Access Meeting Materials Online

[ Fri, Dec 06th 2024 ]: Morningstar

5 Essential Investment Lessons From 2024

[ Fri, Dec 06th 2024 ]: FXStreet

Dow Jones Industrial Average backslides as NFP Friday looms

[ Fri, Dec 06th 2024 ]: The Daily Telegraph

Bitcoin soars to record high - should you invest in it?

[ Fri, Dec 06th 2024 ]: MSN

Personal Loan: Should you use it for investment? Pros and cons revealed

[ Fri, Dec 06th 2024 ]: Sky

Money blog: We don't want this 'thoughtful' alter .. ive to cash as Christmas present, Britons declare

[ Fri, Dec 06th 2024 ]: The Motley Fool

1 Brilliant Index Fund to Buy Before It Soars 160% in 2025, According to a Wall Street Analyst

[ Fri, Dec 06th 2024 ]: Zawya

XTB harnesses its bet on AI-Tech

[ Fri, Dec 06th 2024 ]: Morningstar

News Highlights: Top Company News of the Day - Friday at 1 AM ET

[ Fri, Dec 06th 2024 ]: Business Standard

Stock Market LIVE Updates: GIFT Nifty signals sli .. t gains at open as markets await RBI MPC decision

[ Fri, Dec 06th 2024 ]: The Motley Fool

Why Archer Aviation Stock Is Soaring Today

[ Fri, Dec 06th 2024 ]: MSN

Guess which top 100 ASX stock this $139 billion superannuation fund ditched

[ Fri, Dec 06th 2024 ]: 24/7 Wall St

Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030

[ Fri, Dec 06th 2024 ]: Motley Fool Australia

Own ANZ shares? Here's the outlook for 2025

Why Super Micro Computer Stock Rocketed Nearly 30% This Week

//stocks-investing.news-articles.net/content/202 .. computer-stock-rocketed-nearly-30-this-week.html

Published in Stocks and Investing on Friday, December 6th 2024 at 12:31 GMT by The Motley Fool
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

One of the most volatile stocks in recent months has been Super Micro Computer ( SMCI -1.56%). The company is in the business of providing solutions for the massive data center computing power needed in the artificial intelligence (AI) field.

Super Micro Computer's stock surged by 30% this week due to several positive developments. The company announced a significant expansion of its manufacturing capabilities with a new facility in Silicon Valley, aimed at increasing production capacity for its high-performance server and storage solutions. Additionally, Super Micro reported better-than-expected quarterly earnings, with revenue and earnings per share surpassing Wall Street's forecasts. This was driven by strong demand for their AI and data center products. Furthermore, the company received multiple analyst upgrades, with several firms citing Super Micro's strategic positioning in the rapidly growing AI market as a key reason for their bullish outlook. These factors combined to fuel investor enthusiasm, leading to the substantial stock price increase.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/05/why-super-micro-computer-stock-soared-30-this-week/ ]