SMCI Stock Soars 20% to $40, as James Highlights Super Micro AI Dominance
Super Micro Computer SMCI saw its stock roar back to life Tuesday after bullish commentary from Raymond James sparked a powerful AI-driven..
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Last updated: Wednesday, June 4, 2025
Quick overview
- Super Micro Computer's stock surged nearly 20% after a bullish endorsement from Raymond James, which set a price target of $41.
- The rally marks a significant turnaround for SMCI, which had faced a rough April due to lowered fiscal guidance amid macroeconomic uncertainty.
- Raymond James highlighted SMCI's strong position in the AI infrastructure market, estimating it holds about 9% of the global AI server market.
- Investor confidence has improved, but future earnings reports will be crucial for sustaining the recent momentum.
Super Micro Computer SMCI saw its stock roar back to life Tuesday after bullish commentary from Raymond James sparked a powerful AI-driven rally.
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Skerdian Meta
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Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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