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Super Micro Computer SMCI has outperformed the market over the past 10 years by 22.88% on an annualized basis producing an average annual return of 34.9%. Currently, Super Micro Computer has a market capitalization of $27.98 billion.

Monday's gain added about $117 billion and $4 billion to the market valuations of Nvidia and Super Micro Computer, respectively.

Shares in server maker Super Micro Computer soared 16% Monday after the company reported strong shipments of its GPUs, fueled by AI demand. Watch these major chart levels.

In today's video, I discuss why Super Micro Computer's (NASDAQ: SMCI) recent business update is bullish for Nvidia (NASDAQ: NVDA). To learn more, check out the short video, consider subscribing, and click the special offer link below.

Super Micro said on Monday that it has deployed more than 100,000 GPUs with liquid cooling solution for some of the largest AI factories ever built.

Super Micro Computer shares soared Monday as the server maker reported booming demand for artificial intelligence is driving shipments of its GPUs.

Server company Super Micro Computer (SMCI) unveiled a new liquid cooling solution for AI data centers on Monday, while also revealing it’s shipping over 100,000 graphics processing units (GPUs) quarterly — news that sent its stock climbing more than 15% in midday trading.

Super Micro Computer‘s shares saw a significant 15% rise following the company’s announcement that it is now shipping over 100,000 graphics processing units (GPUs) used for artificial intelligence every quarter.

Key Takeaways Super Micro Computer will split its stock 10-for-1 stock split after the closing bell on Monday.Each existing share of the company will be converted into 10 new shares at a tenth of the closing price.