AI Stocks Dominate Monday’s Top 10 Performers

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

Super Micro snapped a two-day losing streak on Monday, ending 10.66 percent higher at $33 apiece as investors resorted to bargain-hunting on stocks riding the AI boom amid the ongoing global trade tensions.

SMCI traded higher in line with its quantum computing counterparts IonQ Inc. (NYSE:IONQ) and Rigetti Computing (NASDAQ:RGTI), as well as other AI stocks.

In recent news, SMCI partnered with Nvidia Corp. (NASDAQ:NVDA) and Weka to develop a new optimized storage server for high-performance software-defined storage workloads.

The project is expected to “allow customers to benefit from NVDA’s innovations in both CPUs and DPUs.”

The server uses an NVIDIA Grace CPU Superchip with 144 Arm Neoverse V2 cores which enable high-performance I/O for software-defined storage workloads.

“We have demonstrated that the system can fully unleash the system’s PCIe Gen5 performance SSD bandwidth with linear scalability. Supermicro continues to bring to market the most advanced and optimized storage solutions available,” SMCI said.