icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Super Micro Computer Inc. Slips to 23rd in Trading Volume Ranking Amid $20.49 Billion Turnover Drop

Market BriefMonday, May 19, 2025 7:42 pm ET
1min read

On May 19, 2025, Super Micro Computer Inc. (SMCI) saw a significant drop in trading volume, with a total turnover of $20.49 billion, marking a 55.35% decrease from the previous day. This decline placed SMCI at the 23rd position in terms of trading volume for the day. The stock price of Super Micro Computer Inc. (SMCI) fell by 2.95%.

Super Micro Computer Inc. (SMCI) has been in an upward trend as investors continue to support the company's $20 billion deal with a Saudi-based data center firm. This deal is expected to accelerate the delivery of ultra-dense GPU platforms and rack systems for DataVolt's AI campuses in the region.

Mizuho Securities has raised its price target for Super Micro Computer Inc. (SMCI) to $40, up from $30, following the company's significant wins in the Middle East. This adjustment reflects the positive market sentiment surrounding SMCI's strategic partnerships and its leadership in AI-optimized infrastructure, where AI now drives nearly 70% of revenue.

Super Micro Computer Inc. (SMCI) is a California-based company that specializes in the development and manufacturing of high-performance server and storage solutions. The company's recent $20 billion AI push has driven its biggest weekly gain in months, further solidifying its position in the market.

Super Micro Computer Inc. (SMCI) is now accepting orders for a portfolio of more than 20 systems optimized for the new NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs. This move is aimed at accelerating the deployment of AI-optimized infrastructure, further enhancing SMCI's competitive edge in the market.

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.