Supermicro Leads S&P 500 as AI Stocks Rise

Supermicro Leads S&P 500 as AI Stocks Rise

Key Takeaways

  • Supermicro shares jumped Tuesday, adding to its recent run of volatility.
  • After the server maker avoided potential delisting last month, one analyst reportedly called it a “show-me story.”
  • AI stocks did well as a whole Tuesday, with Supermicro partner Nvidia among those ending the day higher.

Super Micro Computer (SMCI) shares led the S&P 500 higher Tuesday as artificial intelligence stocks turned in a strong session. 

The server maker’s stock closed 11% higher at $40.84,…

Article Source
https://www.investopedia.com/supermicro-leads-s-and-p-500-as-ai-stocks-rise-11695133

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