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June 4, 2024
Super Micro Computer, Inc (SMCI) stock trades lower due to price hike news for its AI chip production services. Supermicro also launched new X14 server portfolio with improved performance and energy efficiency.
June 4, 2024
(Bloomberg) -- Hewlett Packard Enterprise Co. reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence work. The shares gained 17% in extended trading.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEB...
June 4, 2024
Dow Jones futures await key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.
June 4, 2024
AI server vendor Super Micro Computer, Inc (NASDAQ:SMCI) stock traded lower Tuesday in sympathy with the broader semiconductor industry as Taiwan Semiconductor Manufacturing Co (NYSE:TSM) weighs price hikes for its AI chip production services as per a Nikkei Asia report. Meanwhile, at Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ:INTC) Xeon 6700-series processors with E-cores and future support for Intel Xeon 6900 series processors with P-cores. Based
June 3, 2024
Sharp Corp and Japanese telecom giant KDDI Corp plan to launch one of the largest artificial intelligence data centers in Asia by converting the electronics maker's liquid crystal display panel plant in Osaka Prefecture, the companies said Monday. The data center is expected to&#...
June 2, 2024
Eagle Asset Management Inc. trimmed its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 34.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 67,687 shares of the company’s stock after selling 35,913 shares during the period. Eagle Asset Management Inc. owned approximately 0.12% of […]
June 1, 2024
Capstone Investment Advisors LLC lifted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,521 shares of the company’s stock after acquiring an additional 676 shares during the […]
June 1, 2024
These tech stocks, including some chipmakers, tech giants, and legacy computer makers, have surged on enthusiasm surrounding artificial intelligence.
June 1, 2024
The S&P 500 has outperformed the equal-weighted S&P 500 every month this year, as stock market gains remain highly concentrated in a handful of stocks.
June 1, 2024
Fundstrat's Tom Lee says investors should stay with successful market plays such as AI stock investments as trading moves into June. Read more here.