Super Micro Computer (SMCI 9.42%) stock has been riding the wave of the artificial intelligence (AI) era. The company, which is also known as Supermicro, was little known just a few years ago. Since then, the stock has exploded on a surge in demand for its storage and server equipment.
Supermicro's high-density equipment is well suited to run the heavy workloads and meet the intense computing needs of AI models like ChatGPT. The company has emerged as one of the big winners of the AI boom.
If you're interested in buying shares of Super Micro Computer, you're not alone. The stock jumped more than 1,000% at one point during its bull run, making it closely watched among tech investors.
Keep reading to see how you can invest in Super Micro Computer stock today.
Stock
How to buy
How to buy Super Micro Computer stock
Super Micro Computer has been a publicly traded company for a long time, and you can buy shares of the stock like any other publicly traded company's. Let's review the process step-by-step.
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should I invest?
Should I invest in Super Micro Computer?
It's hard to overstate the dramatic surge Super Micro Computer stock has experienced during the AI boom. From the start of 2023 to May 16, 2024, Supermicro shares gained more than 1,000%, and they were up more than 1,300% at one point before pulling back. The stock has cooled off a bit since that peak.
Past price appreciation alone isn't a reason to buy a stock, but it is a reason to take a closer look, and Supermicro's recent growth helps explain why the stock has done well. Revenue was up 8% for its fiscal year 2025 ending June 30, and up 25% from the previous quarter.
The company faces increasing competition, as the server market is suddenly hot because of AI-related demand. Investors should pay attention to competitors like Dell (DELL 5.42%) and Hewlett-Packard Enterprise (HPE 1.45%) as the market evolves, though Super Micro Computer continues to innovate with new technologies like liquid cooling. The stock is trading at a price-to-earnings ratio of 26.16 as of Sept. 2025.
Let's take a look at some other metrics about the company to determine if you should invest in it.
Is it profitable?
Is Super Micro Computer profitable?
Super Micro Computer is currently profitable. As a computing hardware business, the company operates with low gross margins since most of its revenue goes to pay for the cost of its product.
In the fiscal fourth quarter for 2025, gross margin came in at 9.5%, and gross profit was $544.1 million, roughly the same as it was for the same quarter the previous year.
Super Micro Computer has been profitable for a long time, but it was a much smaller company before the recent AI surge. Whatever happens with artificial intelligence, investors should expect the company to continue to be profitable.
Does it pay a dividend?
Does Super Micro Computer pay a dividend?
Super Micro Computer does not currently pay a dividend and has never paid one. Tech companies typically don't when they are growing rapidly, and Supermicro is clearly in a rapid growth phase. Even tech giants like Meta Platforms (META -2.25%) and Alphabet (GOOG 0.85%)(GOOGL 0.75%) only started paying dividends recently.
According to the company's most recent annual report, it does not "expect to pay any cash dividends for the foreseeable future."
Exchange-Traded Fund (ETF)
ETFs with exposure
ETFs with exposure to Super Micro Computer
Several ETFs hold Super Micro Computer stock. The AI server maker was added to the S&P 500 in early 2024, so any ETF that tracks the S&P 500 will hold shares of Supermicro.
If you're looking for increased exposure to Supermicro stock from an ETF, some options are the iShares Future AI & Tech ETF (ARTY 1.79%), the Vanguard Mid-Cap ETF (VO -0.08%), and the Invesco AI and Next Gen Software ETF (IGPT 1.31%).
Will the stock split?
Will Super Micro Computer's stock split?
Super Micro Computer completed its first stock split, a 10-for-1 split, in October 2024. It's unlikely that the stock price will jump high enough in the near future to bring about another stock split.
The bottom line
The bottom line
Super Micro Computer stock skyrocketed in 2024 as demand for its high-density servers has soared. The servers are well equipped to run demanding AI applications like ChatGPT. However, the stock has settled a bit since those highs.
From here, the stock is likely to continue to be volatile, as the surge in share price means the company will need to deliver higher profits to back up its valuation and the stock surge. Competition from peers like Dell and HPE is coming, and the AI market is fast evolving.
Supermicro's current position is likely to change, but it's also asserted itself as a tech leader, and it should remain that way if it can innovate in areas like liquid cooling and stay ahead of the competition.
Keep your eye on its top-line growth since that is likely to dictate the stock's movements for the foreseeable future.
Investing in Super Micro Computer FAQs
Is Super Micro Computer a good stock to buy?
It's impossible to know how a stock will perform in the future, but Super Micro Computer has had a strong couple of years, thanks to its high-density servers, which are well suited to running demanding AI applications. It also benefits from a close relationship with Nvidia (NASDAQ:NVDA) and continues to invest in cutting-edge technology like liquid cooling.
Still, competition is heating up, and Supermicro will have to stay aggressive to maintain its lead.
Where can I buy SMCI Stock?
Super Micro Computer (SMCI) stock is publicly traded, so you can buy it through your brokerage like any other stock.
Will SMCI continue to grow?
Although future returns are never guaranteed in the stock market, Super Micro Computer looks like a good bet to continue growing, especially considering the surge of demand in AI.
What is the ticker for Super Micro Computer?
Super Micro Computer's ticker is SMCI. It is traded on the Nasdaq.
