Supermicro, Dell, and Other Nvidia Partners' Stocks Pop After Chipmaker's Earnings [Yahoo! Finance]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
Supermicro and Dell were both among the other companies mentioned in Nvidia's earnings call Wednesday. In a sign of Nvidia's growing influence, mentions of the chipmaker have also climbed in other companies' earnings calls and other corporate events, according to transcript data compiled by AlphaSense. Shares of Super Micro Computer ( SMCI ), Dell ( ), and other Nvidia ( NVDA ) partners surged Thursday on expectations they could stand to benefit after the chipmaker reported fiscal third-quarter results that blew past analysts' expectations. Supermicro, which makes servers that utilize Nvidia chips, saw its shares pop 15% Thursday. Fellow original equipment manufacturer (OEM) partners Dell and Hewlett Packard Enterprise ( HPE ) gained close to 4% and 3%, respectively. Shares of Micron ( MU ), which provides Nvidia with memory solutions for its AI chips, added more than 4%. After Nvidia's results, Citi analysts issued a “buy” rating and $160 price target for Dell, which implies
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SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 11/20/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/13/24 - Form NT
- SMCI's page on the SEC website