10 Best Hardware Stocks to Buy Now

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

Number of Hedge Fund Holders: 45

Super Micro Computer, Inc. (NASDAQ:SMCI) is a technology company that provides high-performance computing, storage, networking solutions, and green computing technology. Its key offerings include hardware solutions, rack-scale solutions, software, and green technologies. The company is known for its SuperBlade, MicroBlade, and SuperStorage technologies.

On April 3, Super Micro Computer, Inc. (NASDAQ:SMCI) announced the industry’s first NVIDIA HGX B200 systems, which demonstrated robust AI performance as per the MLPerf Inference v5.0 benchmarks. The systems delivered more than 3 times the token generation per second in comparison to the previous systems. Moreover, the company released its preliminary second-quarter results for fiscal 2025. Super Micro Computer, Inc. (NASDAQ:SMCI) expects net sales within the range of $5.6 billion to $5.7 billion, indicating a 54% increase year-over-year. Management anticipates maintaining its leadership in direct-liquid-cooling technology with over 30% of data centers expected to adopt the technology over the next 12 months. It is one of the best hardware stocks to buy now.