Super Micro Computer (SMCI) shares continued to soar in Friday’s trading, reaching a 9.5% gain as of 1:40 p.m. ET, with earlier highs at 12.3%. The server specialist is riding a wave of investor confidence, driven by positive catalysts including its valuation and news that Meta Platforms plans to heavily invest in humanoid robots.
Meta’s decision to support Supermicro’s AI data center infrastructure could be a significant boost for the company. As a major customer, Meta will likely continue to spend on servers, potentially leading to larger orders and more substantial gains.
For the full fiscal year, Supermicro expects sales between $23.5 billion and $25 billion, down from previous guidance of $26 billion to $30 billion. However, a preliminary Q2 update suggests that the company is on track to submit its delayed 10-K report by February 25.
If Supermicro delivers results without significant downward revisions, its stock price could surge far above current levels. However, this remains a risk due to ongoing accounting controversies and reduced sales guidance.
Source: https://www.fool.com/investing/2025/02/14/why-super-micro-computer-stock-is-skyrocketing-tod