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Super Micro Computer $SMCI-4.1% ⚙️🖥️

The San Jose-based company, which focuses on database equipment such as servers, routers or switches and complete IT solutions, may benefit from relaxed monetary policy in 2024 🤯

Being in the IT field myself, I can say that $SMCI-4.1% 's equipment is used a lot. The servers contain the latest processor from $INTC-1.7% called Xeon! I started following the company a few years ago, unfortunately I hesitated and missed out on a great opportunity. Last year the company's stock took off on a wave of AI similar to $NVDA-1.3%.

SMCI
$816.54 -$34.57 -4.06%
1 Day
-0.04%
5 Days
-6.69%
1 Month
+113.28%
6 Months
+251.4%
YTD
+241.75%
1 Year
+934.81%
5 Years
+4,859.43%
Max.
+11,036.07%

Their data center technology offering is exactly what will be needed with a potential boom in technology infrastructure investment at lower interest rates.

Most companies are increasing their data center spending to provide data(cloud) services to customers and take full advantage of AI. This could make investments in database equipment manufacturers very interesting! 🌐💻

The company won't announce further results until the end of January, so we'll see what direction the stock goes.

What is your opinion on this company? Do you think the stock still has room to grow like $NVDA-1.3%?


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