Super Micro Computer (SMCI +3.16%) announced a new product and gave investors a sales update.
*Stock prices used were the afternoon prices of Oct. 6, 2024. The video was published on Oct. 8, 2024.
Great News for Supermicro Stock Investors
By Parkev Tatevosian, CFA – Oct 9, 2024 at 12:31PM
NASDAQ: SMCI
Super Micro Computer
Market Cap
$31B
Today's Change
(3.16%) $1.59
Current Price
$51.96
Price as of October 31, 2025 at 4:00 PM ET
Supermicro tried to assuage investor concerns by providing a product update.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.