Super Micro Computer (NASDAQ: SMCI) isn't new to the world of technology. This company that sells servers, storage systems, full rack scale solutions, and more celebrated its 30th anniversary last year, and it's progressively increased earnings over time. But the emergence of artificial intelligence (AI) demand has pushed this steady player into high-growth mode.

Customers developing AI programs have rushed to Supermicro for its solutions, powered with the fastest AI chips and featuring Supermicro's liquid cooling system -- particularly useful for AI projects, which are known to generate heat. The company's earnings have soared, and so has its stock price, climbing more than 5,700% over the past five years. In fact, if you'd invested $20,000 in the stock before that tremendous gain you would be a millionaire now.

And the good news is this stock, which has created millionaires, is likely to continue to make more. Let's find out why.

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Source Fool.com