Super Micro pops more than 25% after S&P 500 selection
Publishing timestamp: 2024-03-04 11:56:40
Summary
Super Micro Computer stock surged over 25% after being selected to join the S&P 500, driven by the artificial intelligence boom. The company's market cap has surpassed $50 billion, and it will replace Whirlpool in the S&P 500 on March 18. Analysts are optimistic about Super Micro's growth potential, especially in the AI server market.
Sentiment: POSITIVE
Keywords: technology, whirlpool corp, nvidia corp, business, breaking news: technology, business news, super micro computer inc,
Source: https://www.cnbc.com/2024/03/04/super-micro-pops-15percent-after-sp-500-selection.html