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Home Markets Stocks

Super Micro Computer Sees ‘Fundamental Shift,’ Analyst Praises Generative AI Investments

August 25, 2023
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Super Micro Computer Inc (NASDAQ:SMCI) reported better-than-expected earnings for the fiscal fourth quarter (Q4) earlier this month and received a forecast raise by Susquehanna analyst Mehdi Hosseini.

A fundamental shift in the company “created the foundation” for its upbeat guidance for fiscal 2024, according to Wedbush.

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