Super Micro Computer (SMCI) stock is one of the top beneficiaries of the artificial intelligence (AI) revolution. While shares of this high-performance server and storage systems supplier have retreated modestly over the past quarter, it is still the best-performing S&P 500 Index ($SPX) stock year-to-date, outpacing even Nvidia (NVDA).
While Super Micro stock is up about 228% year-to-date, at least one Wall Street analyst expects SMCI stock to reach $1,500 - the Street-high price target - in the next 12 months.
