SMCI: Super Micro Stock Jumps 3% on Upgrade. Here’s Why Shares are Up 10X in One Year.

Super Micro Computer is the AI juggernaut you’ve never heard of. Spoiler: it builds servers for Nvidia.

Key Points:

• Shares are up 1,000% in a year.
• Super Micro builds servers for Nvidia.
• Market cap has exploded since 2007 IPO.
• Super Micro Computer stock SMCI is the power player in AI you’ve probably never heard of. Working largely behind the scene, this micro gem has pumped out mega returns. The server maker jumped 3% on Wednesday after investment firm Argus switched its stance on it to a Buy. But wait, there’s more.
• Shares of Super Micro are up a staggering 1,000% in the past twelve months. The 10X stunt has been so majestic it prompted the stock selection committee at S&P to shove it into the broad index. And there you go, Super Micro is joining the S&P 500 on March 18.
• Investigation time: back in 2007, way before earnings soared, SMCI floated on Nasdaq with a $250 million market cap. It’s now worth a gargantuan $63 billion. All thanks to its flawless positioning as a leading builder of AI servers—so leading it’s selling to the undisputed chipmaking champion Nvidia NVDA, which then sells its own H100 AI chips for about $30,000 a pop.