Super Micro Computer, Inc. (NASDAQ:SMCI) saw a 10.24% jump on Monday, closing at $60.05 as export restrictions to China were frozen. The US and China are set to meet for trade talks in Stockholm following previous rounds in Geneva and London. SMCI is thriving with a nearly 100% year-to-date stock increase due to AI server system demand.
Super Micro Computer, Inc. (NASDAQ:SMCI) will announce its fourth-quarter fiscal year 2025 earnings after market close on August 5, with an investor call to follow. While SMCI shows promise as an investment, some AI stocks may offer higher returns with limited risk. Explore the best short-term AI stock in our free report for potential opportunities.
Read more at Yahoo Finance: Super Micro (SMCI) Rallies 10.2% as US Freezes Export Curbs to China