Super Micro Computer, Inc. (NASDAQ: SMCI) is a high-flying AI stock with a price target of $60 despite earnings missing expectations. Capital constraints and revenue delays were attributed to changes from a key customer. The firm remains optimistic, expecting margins to improve as they target new growth markets. SMCI designs high-performance server and storage solutions for data centers and cloud computing. While SMCI shows potential, there are other AI stocks with greater upside potential. For more information on AI stocks, check out the top 15 AI stocks dominating Wall Street. Disclosure: None.

Read more at Yahoo Finance: Needham Hikes SMCI Price Target to $60 Despite Earnings Miss: What Investors Should Know