10 AI News You Should Definitely Take a Look At

7. Super Micro Computer, Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 33

Super Micro Computer, Inc. (NASDAQ:SMCI) designs and manufactures high-performance server and storage systems, specializing in AI, cloud technology, and 5G applications.

On January 23, Loop Capital analyst Ananda Baruah increased its price target for Super Micro (NASDAQ:SMCI) from $35 to $40 while maintaining a Buy rating. The analyst Ananda Baruah highlighted SMCI’s importance in its sector and noted key catalysts like resolving SEC filing delays and growth opportunities as Blackwell GB200 and GB300 products gain momentum. The company is also expected to benefit as Tier 2 cloud service providers ramp up their activity heading into summer. Baruah further noted:

“Additionally, SMCI’s two largest customers have huge plans for 2025, and we believe it is inevitable that SMCI benefits. That said, we anticipate SMCI could experience a clunky 1HCY2025, at least until May/June when key Tier 2 customers begin getting GB200 allocation. That is to say, while we have conviction in our $40 PT, there is some possibility, given Blackwell ramp and Tier 2 purchasing patterns, that getting there isn’t a straight line. Our $40 PT is 10x–11x the $4.00 EPS we believe SMCI can be run-rating in 2HCY2025.”