Nvidia Just Dropped Great News for Super Micro Computer Stock
The Motley Fool
MARCH 16, 2024
Share prices of Super Micro Computer (NASDAQ: SMCI) took off in the past year, gaining 1,180% as of this writing, and a big reason behind the stock's red-hot surge is the booming demand for Nvidia 's (NASDAQ: NVDA) artificial intelligence (AI) graphics cards. Supermicro's modular server rack-scale systems are being used to mount AI-related graphics cards from Nvidia , as well as other chipmakers.
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