Could Super Micro Computer Become the Next Dell Technologies?
Super Micro Computer (NASDAQ: SMCI), more commonly known as Supermicro, saw its shares skyrocket by 2,380% over the past three years. The server maker was also added to the S&P 500 this March and has a market cap of $57 billion.
Yet Supermicro is still less valuable than its rival Dell Technologies (NYSE: DELL), which has a market cap of $86 billion, currently leads the server market, and is expected to generate more than 6 times as much revenue as Supermicro in its current fiscal year.
So could Supermicro catch up to Dell and eclipse its market cap in the near future?
Source Fool.com