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Super Micro Computer (SMCI) has been among the hottest stocks in recent years, as it is part of the artificial intelligence (AI) boom. SMCI develops and manufactures high-performance server and storage solutions based on modern and open architecture, with a focus on liquid cooling technology.
The company has increased its revenue from $3.33 billion in fiscal 2020 (ended in June) to $11.81 billion in the last 12 months, powered by strong demand for its products and services.