Why Is SMCI Stock Surging?
CHONGQING, CHINA - MAY 04: In this photo illustration, the logo of Super Micro Computer, Inc. ... More (Supermicro) is displayed on a smartphone screen, with the company's branding visible in the background, on May 04, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty Images Super Micro Computer stock (NASDAQ:SMCI) skyrocketed 16% on Tuesday after Raymond James began coverage with an Outperform rating and a $41 price target. While some of the enthusiasm is justified, considering Super Micro’s involvement in the generative AI sector and its robust recent...