Super Micro Computer, Inc. (NASDAQ:SMCI) was a top performer on Tuesday, rallying 6.92% to $53.17 after the US government announced a $92-billion investment in AI and eased chip exports to China. President Trump also announced 20 companies pledging increased investments in AI at a Pennsylvania summit.

The news boosted AI-related stocks like Super Micro Computer, Inc. (NASDAQ:SMCI), which produces semiconductor products supporting the sector. The government’s decision to ease chip export restrictions to China may enhance SMCI’s sales and manufacturing potential in the future.

Super Micro Computer, Inc. (NASDAQ:SMCI) is scheduled to release its fourth-quarter and full-year performance results for fiscal year 2025 in the first week of August. Despite potential as an investment, other AI stocks may offer higher returns and less downside risk, particularly those benefiting from Trump tariffs and onshoring.

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Read more at Yahoo Finance: Super Micro (SMCI) Rallies 6.9% on US $92-Billion AI Investment