Super Micro Computer (SMCI: NASDAQ)
Super Micro Computer (SMCI), a developer and manufacturer of high-performance server and storage solutions, is experiencing substantial growth and profit acceleration.
The company's energy-efficient servers are benefiting from the AI boom, with exceptional demand outpacing expectations. To address this, SMCI is planning a 25% increase in production capacity.
The bullish outlook on SMCI sets an entry target above $248.00-$250.00 and an upside target at $410.00-$420.00.
The company's energy-efficient servers are benefiting from the AI boom, with exceptional demand outpacing expectations. To address this, SMCI is planning a 25% increase in production capacity.
The bullish outlook on SMCI sets an entry target above $248.00-$250.00 and an upside target at $410.00-$420.00.
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