Could Super Micro Stock Help You Become a Millionaire?
Super Micro Computer (NASDAQ: SMCI) is arguably one of the more surprising successes of the current boom in artificial intelligence (AI) stocks. The manufacturer of servers existed in relative obscurity for decades despite expanding its operations to more than 100 countries.
This is Super Micro’s path to $1,500, according to the stock’s biggest bull
That’s what Loop Capital’s $1,500 price target on shares of Super Micro Computer Inc. implies. That new target, which came out Tuesday morning and is up from $600 previously, suggests more than 50% upside for Super Micro’s stock relative to recent levels. It’s also the highest listed on FactSet.
Super Micro Computer's long-term AI revenue potential is underappreciated, Loop Capital says. Here's what you need to know.
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