Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, has become a fan-favorite for artificial intelligence (AI) investors over the past year or so. Since Jan. 2023, the stock has surged 1,290%.

The company supplies high-end, energy-efficient servers designed to enable high-performance computing, hyperscale data centers, and AI. The advent of generative AI has resulted in accelerating demand as businesses race to profit from this paradigm shift. This, in turn, has translated into surging financial results and a skyrocketing share price for Supermicro.

Now that the stage is set, let's look at four reasons to buy Supermicro stock like there's no tomorrow.

Continue reading

Source Fool.com