Super Micro is a “show-me story,” says a Rosenblatt analyst, but he sees room for gross margins to expand as the company sells more to enterprise customers.

Super Micro Computer (SMCI) stock received a new Buy rating from a five-star analyst at Rosenblatt Securities. Kevin Cassidy reinitiated

Tech stocks broadly shifted between gains and losses today. By the close, the tech-heavy Nasdaq Composite fell 0.2% after a 4% drop on Monday. The iShares U.S. Technology exchange

Analysts noted that AI revenues now represent nearly 70% of Super Micro's total sales, a figure that continues to grow as the company leverages its innovative design for scalable, high?performance computing solutions.

An end to Super Micro’s delisting drama is welcome news for “fast money” and quantitative investors. But one analyst says institutional investors are still avoiding the stock.

Super Micro Computer (SMCI) received a price target boost from research firm Northland Securities. Analyst Nehal Chokshi lifted the price

All of this halted spectacular momentum that had pushed the stock to a nearly 800% gain in the previous three years. Supermicro was one of the early winners of the artificial intelligence (AI) boom as it makes servers and other equipment critical to the operations of AI data centers.