Top 20 Trending AI News And Analyst Ratings

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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. The company recently announced that it had entered into a strategic partnership with Japanese information and communications technology company Fujitsu Limited to develop and market a platform with an Arm-based processor of the latter that is designed for high-performance and energy efficiency and targeted for release in 2027. The two firms also revealed that they would collaborate on developing liquid-cooled systems for HPC, Gen AI, and next-generation green data centers.

Barclays recently adjusted the price target on Super Micro Computer, Inc. (NASDAQ:SMCI) to $42 from $438 to reflect the ten-for-one stock split and kept an Equal Weight rating on the shares. In an investor note, the advisory cautioned that it still expected near-term gross margin weakness for the server firm.

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