Stock Market Today, June 22: Super Micro Computer Jumps After Introducing New Platform Accelerating AI Server Backlog Growth

Super Micro Computer (NASDAQ:SMCI), an AI-optimized server and storage systems provider, surged 15.66% to $35.46. Investors are watching AI server backlog growth and margin improvement with the introduction of new Nvidia (NASDAQ:NVDA) equipment-based systems.Trading volume reached 121.5 million shares, coming in about 142% above its three-month average of 50.1 million shares. Super Micro Computer IPO'd in 2007 and has grown 3,948% since going public.The S&P 500 (SNPINDEX:^GSPC) fell 0.37% to 7,472, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1.32% to 26,167. Among computer hardware makers in AI/data center servers, Dell Technologies (NYSE:DELL) rose 2.25% to $418.71 and Hewlett Packard Enterprise (NYSE:HPE) rose 2.09% to $48.40, reinforcing the broader AI server trade.Super Micro Computer (Supermicro) unveiled its new data center rack solution for high-performance computing (HPC) using Nvidia’s Vera Rubin NVL4 platform.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool