Super Micro
AI server infrastructure — the rack-scale builder that integrates Nvidia GPUs into shippable AI clusters.
Previous close $47.42
52-week high
$60.71
52-week low
$20.53
YTD change
+52.73%
The 30-second take
Super Micro is the picks-and-shovels AI infrastructure play — they assemble the racks and liquid-cooled servers that hyperscalers and AI-native firms use. Stock has been volatile around accounting-reporting concerns (delayed 10-K, auditor change in 2024) which is the bear case despite genuine AI revenue tailwinds. In interviews, the right framing: revenue is real and AI-driven, but the governance overhang means this is a higher-risk way to play AI capex than NVDA or AVGO.
Historical reference points
Bankers instinctively contextualise today's level against these moments. Each row shows how far the current level is above / below that reference.
- Pre-AI lowJan 2023$60.00-21.29%
- 2024 peakMar 2024$1,188.00-96.02%
- Auditor-resignation lowNov 2024$18.00+162.36%
Compare against
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