Great News for Super Micro Computer Stock Investors

By Parkev Tatevosian, CFA – May 17, 2024 at 7:30AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$46B

Today's Change

(-5.25%) -$43.43

Current Price

$784.51

Price as of May 31, 2024, 4:00 p.m. ET

Super Micro Computer is experiencing phenomenal growth amid insatiable demand for artificial intelligence.

Fool.com contributor Parkev Tatevosian explains what the developments could mean for Super Micro Computer (SMCI -5.25%) stock investors.

*Stock prices used were the afternoon prices of May 14, 2024. The video was published on May 15, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.