Super Micro Computer Inc. shares have surged, becoming the top performer in the S&P 500 this year, on the back of promising artificial-intelligence server deals in the near future. The stock has continued a four-day trading streak and analysts are optimistic about its prospects.
Next week marks an important deadline for Nasdaq filings, which could impact Super Micro’s performance. As the company awaits big AI server deals, its stock price is expected to rise further. With several hefty deals in the pipeline, investors are confident that Super Micro will continue to outperform the market.
Source: https://www.marketwatch.com/story/super-micro-surges-to-be-top-performer-in-s-p-500-on-hopes-of-big-ai-server-deals-55601198