After the S&amp;P, Super Micro Computer is expected to be included in the NASDAQ 100 Index.
Overnight, AI concept stocks rose together, with &#34;AI demon stock&#34; Super Micro Computer surging over 7%.
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On the same day, the second largest chain drugstore in the United States, Walgreens, announced plans to close a &#34;significant&#34; number of underperforming stores nationwide due to continued profitability challenges. Following the announcement, the company's stock price plummeted by 22.2% on the same day.
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Company CEO Tim Wentworth stated:
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&#34;Our 'chain drugstore' model has reached an unsustainable point, and the challenges in the operating environment require us to change our market strategy.&#34;
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Some analysts believe that Super Micro Computer is likely to be included in the NASDAQ 100 Index, replacing the underperforming Walgreens.
Currently, Walgreens has a market value of approximately $10.5 billion, accounting for 0.05% of the total market value of the NASDAQ 100 Index (currently around $23 trillion), which is below the inclusion standard of 0.1% and is the smallest constituent stock by market value in the index, facing the risk of &#34;being removed.&#34;
The NASDAQ 100 Index consists of the 100 largest and most liquid non-financial companies listed on the NASDAQ market. According to its inclusion criteria, if a company fails to maintain a weight of 0.1% for two consecutive months, it may be replaced by other companies.
Earlier this month, chip manufacturer Arm replaced satellite radio company Sirius XM in the NASDAQ 100.
Boosted by the AI wave, Super Micro Computer's stock price has risen by over 200% year-to-date, surging more than 12 times in the past year, with a current market value of approximately $52.89 billion.
In March of this year, Super Micro Computer was officially included in the S&amp;P 500 Index and became the best-performing company in the index over the past year

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Super Micro Computer is expected to be included in the NASDAQ 100 Index, replacing the underperforming second largest chain drugstore in the United States, Walgreens

- Super Micro Computer is poised to be included in the Nasdaq 100 index following its rise after the S&P inclusion, with a significant over 7% surge labeled as an "AI concept stock."
- Walgreens, the second-largest chain drugstore in the U.S., announced plans to close a significant number of underperforming stores due to ongoing profit challenges, leading to a sharp 22.2% stock drop in a single day.
- Amidst challenges, Super Micro Computer's potential inclusion in the Nasdaq 100 index, possibly replacing the underperforming Walgreens, is speculated, given Walgreens' minimal market value share of 0.05% compared to the index's total value of around 23 trillion USD.

Super Micro is about to "join NASDAQ"