Super Micro Computer (SMCI) on Wednesday introduced liquid-cooled AI data center systems running the latest Nvidia (NVDA) chips that are quick to deploy and can save on electricity usage. SMCI stock rose on the news. X The San Jose, Calif.-based company, better known as Supermicro, announced its “AI SuperClusters” at the Computex trade show in […]
Polen Capital, an investment management company, released its “Polen U.S. Small Company Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund delivered 1.42% gross and 1.11% net of fees compared to a 7.58% return for the Russell 2000 Growth Index and a 4.77% […]
Data center specialist Super Micro Computer (SMCI) late Tuesday beat estimates for earnings in its fiscal third quarter but sales came in light. However, its guidance for the current period was well above views. SMCI stock fell in extended trading. X The San Jose, Calif.-based company earned an adjusted $6.65 a share on sales of […]
The Dow Jones Industrial Average was an outlier and showed positive action in Friday afternoon trades as the tech sell-off deepened and the S&P 500 fell below a key psychological level in the stock market today. Indexes were mixed after Israel launched a retaliatory attack on Iran. Nvidia, Meta Platforms and Amazon fell below the 50-day […]
Super Micro Computer (SMCI) stock plunged Friday after the data-center computer specialist announced the date for its next quarterly earnings report without giving preliminary results. SMCI stock plunged below a key support level on the news, flashing a huge sell signal. X The San Jose, Calif.-based company, better known as Supermicro, says it plans to […]
Highflying data-center hardware specialist Super Micro Computer (SMCI) has put investors on a roller-coaster ride in recent weeks. But for now, SMCI stock has found support at a key technical level. X SMCI stock ended 2023 at 284.26. But it went on a tear after the company significantly raised its sales and earnings guidance for […]
Major indexes continued to tread a flat line in midday trades Wednesday as investors awaited the Federal Reserve’s rate decision and subsequent comments from Fed Chairman Jerome Powell. Nvidia gave up some of Tuesday’s gains on the stock market today while Super Micro Computer continued to fall. And famed investor Cathie Wood sold shares of […]
Data center specialist Super Micro Computer (SMCI), better known as Supermicro, late Monday easily beat expectations for its fiscal second quarter. It also raised its sales guidance for the full year. SMCI stock rose in extended trading. X The San Jose, Calif.-based company earned an adjusted $5.59 a share on sales of $3.66 billion in […]
Data center specialist Super Micro Computer (SMCI) and artificial intelligence chipmakers Advanced Micro Devices (AMD) and Nvidia (NVDA) saw their shares hit record highs on Monday. But after an initial surge, SMCI stock, AMD and Nvidia retreated in a volatile session. X Super Micro Computer, better known as Supermicro, saw its stock spike 14.8% to […]
Data center specialist Super Micro Computer (SMCI), also known as Supermicro, late Thursday raised its sales and earnings guidance significantly for the December quarter. SMCI stock surged on the news. X The San Jose, Calif.-based company now expects sales of $3.6 billion to $3.65 billion, up from its prior guidance of $2.7 billion to $2.9 […]
Shares of data center specialist Super Micro Computer (SMCI), also known as Supermicro, rose Monday in heavy volume. SMCI stock cleared two buy points despite a lack of news. X In morning trades on the stock market today, SMCI stock broke a downward trendline and then cleared a double-bottom base. Those entry points were at […]