Why Super Micro Computer Stock Jumped in November and Could Soar Even Higher

Super Micro Computer (NASDAQ: SMCI) stock had a big November and has begun December with a bang. It's been a somewhat hectic time for the supplier of artificial intelligence (AI) server stacks and coolant systems. Yet if all the concerns turn out to be less impactful than many investors have feared, there could be much more upside for these shares, too.The big recovery in Supermicro shares started with a 12.1% gain over the month of November, according to data provided by S&P Global Market Intelligence. But it didn't stop there. In just the first two trading days of December, the stock has surged more than another 30%. And it may not be done yet.That massive move didn't mean the stock has fully recovered from the panic selling that preceded it, though. While a recovery is underway, it's still down by more than 45% over the last six months. Here's a brief summary of what caused the stock to plunge: Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool