SMCI Up [+500%] in One Year. Why?
Some investors are touting SMCI stock as the next NVIDIA, while others are classifying it in the same category as AI chip stocks. That's entirely wrong. Super Micro Computer or SMCI is a hardware retailer with a shady past that most investors probably don't know about. We cracked open the SMCI 10-K to learn more about this company that's seen some rather stellar revenues growth on the back of demand for NVIDIA GPUs. Unfortunately, that demand may dissipate once the supply problem is rectified and this 30-year old company will go back to doing what they've always been doing - but hopefully…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.