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Wajeeh Khan

Even After the Rally Today in SMCI Stock, Analysts Think Super Micro Computer Can Double from Here

SMCI Super Micro Computer Super Micro

Super Micro Computer (SMCI) shares closed nearly 14% higher today after the artificial intelligence (AI) server firm said its revenue more than doubled on a year-over-year basis to $12.7 billion in its fiscal Q2. 

The Nasdaq-listed firm’s earnings per share (EPS) also came in miles ahead of Street estimates, suggesting its days of regulatory and governance issues may finally be behind it. 

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