Super Micro, a relatively unknown AI server builder for Nvidia, has seen a remarkable rise in its stock, with a YTD increase of nearly 300%. It is set to join the S&P on March 18th. The company now boasts a market cap of $60 billion, surpassing well-known entities like Snowflake, Honda, and Lululemon. Super Micro's success is reflected in its top YTD returns compared to other tech stocks. Its market cap now exceeds that of over 50% of Nasdaq 100 companies, raising questions about its potential inclusion.
$SMCI market cap is now greater than 50% of Nasdaq 100 companies. Will they let it in? $QQQ
These tech stocks have the highest YTD returns: Super Micro $SMCI: 284% GigaCloud $GCT: 106% Jumia $JMIA: 86% Arm $ARM: 78% Nvidia $NVDA: 74% MicroStrategy $MSTR: 66% Similarweb $SMWB: 64% Pure Storage $PSTG: 54% Dell $DELL: 54% ACM Research $ACMR: 50%
These tech stocks have the highest YTD returns: Super Micro $SMCI: 284% GigaCloud $GCT: 106% Jumia $JMIA: 86% ARM $ARM: 78% Nvidia $NVDA: 74% MicroStrategy $MSTR: 66% Similarweb $SMWB: 64% Pure Storage $PSTG: 54% Dell $DELL: 54% ACM Research $ACMR: 50%
Super Micro $SMCI now has a $60 Billion market cap and is currently larger than Snowflake $SNOW - $58.5B (Market Cap) Honda $HMC - $58B Lululemon $LULU - $57B Coinbase $COIN - $55.5B DoorDash $DASH - $53.5B Spotify $SPOT - $53B Palantir $PLTR - $53B Capital One $COF - $52B Ford…
Super Micro is the AI all-star you've never heard of • Up nearly 300% YTD • Builds AI servers for Nvidia • Joining the S&P on March 18th Get ready to learn the name https://t.co/HeYIVZ43mv