Super Micro Computer Rose More Than 300% to Start 2024. Can It Repeat That in 2025?

Few companies started off 2024 with a bang like Super Micro Computer (NASDAQ: SMCI). It rose more than 300% until it peaked in March. After a combination of missed expectations and accounting fraud allegations, the stock tumbled into negative territory in the latter half of 2024. However, Supermicro (as it's often called) appears to be clear of those allegations, which sets the stock up for 2025 in much the same way to when it entered 2024.So, could Supermicro go on another monster run to start the new year?First, let's take a look back at Supermicro's stock as it entered 2024. There were a lot of signs pointing toward Supermicro having a ton of success because it makes components for computing servers as well as assembling full technology racks. This business got a huge boost as artificial intelligence (AI) spending ramped up, and Supermicro was seen to benefit from a similar demand boost that powered Nvidia's (NASDAQ: NVDA) stock higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool