Even as major tech players likeNvidiabask in the AI spotlight,Super Micro Computer Inc.(NASDAQ:SMCI) has quietly reaped significant rewards from its exposure to this booming technology. Since the start of 2023, coinciding with the launch of OpenAI's ChatGPT and the early days of the AI revolution, SMCI shares have skyrocketed.
What Does Super Micro Do?Based in San Jose, California, Super Micro designs and manufactures high-performance server and storage solutions for demanding computational tasks. Notably, 71% of their revenue comes from the U.S., with Asia, Europe, and Others contributing 18%, 8%, and 3%, respectively.
Strong Financials And Optimistic...
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