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Barchart
Barchart
Sneha Nahata

Up Over 1,000% in One Year, Is Super Micro Computer Stock Still a Buy?

Super Micro Computer Super Micro SMCI Nvidia

Shares of the high-performance server and storage systems supplier Super Micro Computer (SMCI) are easily among the best-performing stocks over the past year. SMCI stock has risen by over 1,000% (1,013.83%, to be precise) in the last 52 weeks. Further, SMCI has gained over 301% year-to-date. This outsized rally in Super Micro shares has been driven by the higher adoption of artificial intelligence (AI) computing, which has significantly propelled demand for its products. 

The company’s high-performance and high-efficiency server and storage systems find applications in various high-growth end markets, including AI, cloud computing, enterprise data centers, 5G, and edge computing. 

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