Investment Bank Sparks Rally by Super Micro Computer, Inc. (SMCI) With Bullish Note

From Yahoo Finance: 2025-05-15 12:25:00

Investment bank Raymond James initiated coverage of Super Micro Computer, Inc. (SMCI) with a price target of $41 and an Outperform rating. Between Monday’s close and Wednesday morning, shares jumped 34%. SMCI is well-positioned to benefit from the AI Revolution, holding 9% of the AI platform market. 70% of its sales are AI-related. The company has carved a niche between major server makers like Dell and Hewlett-Packard and discount players. Positive catalysts include growth in AI, liquid-cooled AI racks, and chip sales from partner Nvidia. Analysts see potential for higher returns in AI stocks.



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