Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

Super Micro Computer Stock Bounces on Easing Iran War Fears. Should You Buy SMCI Here?

Supermicro (SMCI) shares pushed higher on March 31 after reports of a potential ceasefire in the Middle East eased Iran war fears, tempering the recent spike in energy prices. 

Additionally, Fed Chair Jerome Powell signaled a cautious approach to inflation and no immediate need to raise interest rates despite geopolitical supply shocks, further adding to the momentum in tech stocks. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.