Stock Split Watch: Could Super Micro Computer Be Next?
Super Micro Computer (NASDAQ: SMCI) is a key behind-the-scenes player in the potential artificial intelligence (AI) revolution. The company makes the servers, storage systems, and full rack scale solutions needed by AI projects -- and demand for these products has been climbing, supercharging the company's earnings.
This job in the shadows has put Supermicro in the spotlight in recent times as investors search for possible AI winners -- leading the shares to skyrocket. In fact, Supermicro stock has soared more than 700% over the past year and recently surpassed $1,000 before pulling back to just under that level. When stocks start approaching the $1,000 mark, the natural question often is: Will the company announce a stock split? So, today, it's natural to wonder if such an operation may be the next move for this top AI player.
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Source Fool.com
