Is It Too Late to Buy Supermicro Stock?
Super Micro Computer (NASDAQ: SMCI) has been building server systems for 30 years. Some of the world's most powerful supercomputers come from Supermicro's factories, and the company is a leading maker of high-efficiency systems for training and running advanced artificial intelligence (AI) services.
The AI boom has been very kind to Supermicro and its investors. The stock has gained 779% in two years, outperforming even AI chip giant Nvidia (NASDAQ: NVDA). Can this skyrocketing stock fly any higher, or is it already too late to invest in Supermicro?
The stock is soaring for good reason. Supermicro's trailing sales are up by 144% in two years, dating back to just before OpenAI launched its revolutionary ChatGPT service. Adjusted earnings rose 148% over the same period:
Source Fool.com
