SMCI Stock Jumps 18%. What’s Behind Super Micro’s Surge. - Barron's
1. SMCI shares surged 19% due to positive analyst coverage and partnerships. 2. Raymond James initiated coverage with a $41 price target for SMCI. 3. Super Micro partnered with DataVolt for a $20 billion server supply deal. 4. Tariff reductions between the U.S. and China further boosted SMCI stock. 5. Despite recent gains, SMCI is still down 53% from its 52-week high.