Super Micro Computer (NYSE: $SMCI) Surges 12% This Week Amid Positive AI Industry News

Super Micro Computer Inc (NYSE: $SMCI) is a leading provider of server and storage solutions in the US. Based in San Jose, CA, Supermicro has emerged as an important player in the budding AI server industry.

On Wednesday, May 15, 2024, Supermicro was one of the day’s biggest gainers, rising over 15% at the close of trading. The rise came despite the lack of any significant announcement from Super Micro Computer’s management.

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