SMCI Stock Recent News
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Major U.S. equities indexes were mixed in the midweek session as chipmaking behemoth Nvidia and other major tech stocks rallied while trade and macroeconomic uncertainties weighed on most other sectors.
Super Micro Computer, Inc. SMCI stock encountered controversies over the past year, including accounting violations and a non-compliance letter from Nasdaq. Although Supermicro avoided de-listing, its reputation declined, further aggravated by the issuance of weak guidance.
After more than a year of struggles and uncertainties, the market for Super Micro Computer NASDAQ: SMCI is ready to rebound, rebound strongly, and continue rallying on into the year's end. The reason is that the accounting issues are behind it, and the news cycle is increasingly positive.
The rally in Super Micro Computer (SMCI 17.61%) stock continued today as investors got another positive data point on the artificial intelligence (AI) server maker.
SuperMicro (SMCI) extends gains after the Saudi Arabia-based data center company DataVolt signs a multi-year partnership agreement with the beleaguered US chipmaker. AMD's shares rise after the board approves a $6 billion share repurchase plan that represents 3.3 percent of the company's current market value, according to data compiled by Bloomberg.
Tech sector volatility remains high due to tariffs and supply chain uncertainty; recent relief rallies may be temporary as risks persist, especially for semiconductors. Sara Awad, from Tech Stock Pros and Tech Contrarians, is bearish on NVIDIA at current levels, citing risks like double ordering, inventory write-downs, and overly optimistic growth expectations; July guidance is a key inflection point.
U.S. equities were edging up at midday, as tech shares lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average was near flat.
Morning Brief anchors Julie Hyman and Brad Smith break down the latest market news for May 14, 2025. The US stock rally loses steam after the S&P 500 wipes out its losses for the year.
Super Micro Computer stock (NASDAQ: SMCI) is currently the most heavily-shorted equity in the benchmark S&P 500 index.
The multi-year $20 billion partnership with DataVolt is poised to have a transformative impact, representing an amount comparable to the company's TTM revenue. The company's robust R&D investment and alignment with industry leaders position SMCI to benefit from the ongoing AI infrastructure boom. While Wall Street remains cautious, I am confident in SMCI's fundamentals and management's execution to deliver substantial shareholder value.