Super Micro Stock (SMCI) Jumps 9% as Cisco AI Deal and Taiwan Clearance Lift Overhang
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- Super Micro Computer stock rose 9% to $38.39 following a partnership expansion with Cisco to build AI hardware platforms utilizing liquid-cooled servers and Nvidia chips.
- Investor sentiment was further lifted as Taiwanese prosecutors charged nine individuals over server shipments to restricted regions while confirming Super Micro faces no charges.
- CEO Charles Liang projects full-year revenue to top $65 billion, supported by a record $60 billion order backlog and surging AI-related server demand.