19 Trending AI Stocks on Latest Analyst Ratings and News

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

Number of Hedge Fund Holders: 47 

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and manufactures high performance server and storage solutions based on modular and open architecture. A few weeks after a report by investment firm Hindenburg led to a significant drop in the share price, another research firm, Glasshouse, has said that the short-selling viewpoint of the former regarding SMCI had missed the mark. In an investor note, the research firm noted that the risk-reward at current levels for the artificial intelligence server company was highly favorable, and that Glasshouse was bullish on the stock for the foreseeable future.

Bank of America analyst Ruplu Bhattacharya recently downgraded the stock to Neutral from Buy with a price target of $700, down from $1,090. The analyst noted that the next several quarters remained challenging for the company in terms of margins, largely due to a competitive pricing environment, delayed shipment of Blackwell GPU systems that require higher margin liquid cooled racks, and on-going issues with component availability.

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