Super Micro jumps 9% on AI optimism ahead of Nvidia earnings

MSN
2026.05.21 03:53
portai
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Super Micro's shares rose over 9% due to positive sentiment in AI hardware ahead of Nvidia's earnings. Analysts are divided on SMCI's outlook, with ratings from Sell to Strong Buy and price targets between $24 and $40. However, the company's rapid expansion into AI data center infrastructure is putting pressure on its balance sheet, leading to high inventory and negative cash flow.