May. 15 at 8:18 AM
The U.S. server maker’s stock
$SMCI surged +15.71%, on Wednesday at
$45.00, extending the 16% gain it saw in the previous session. Earlier this week, U.S. investment banker
$RJF initiated coverage of the stock with an outperform rating, saying artificial intelligence (AI) projects are “a long-term secular driver.” Shares are up +40.14% in the past 5 sessions & +42.83% in the past month. The stock was up +47.64% in 2025, but still down -50.24% y/y, with a market cap of
$26.86B.