As one of the leading GPU-as-a-Service players and a prominent retailer of liquid-cooled AI racks, Super Micro Computer (SMCI) has predictably attracted significant attention in recent months as the broader AI story continues to unfold on the global macro stage. Now, Citi has initiated coverage of the high-momentum stock with cautious optimism. To wit, Citi analyst Asiya Merchant has now pegged a $39 stock price target on Super Micro Computer, while initiating coverage with an overall 'Neutral/High Risk' rating. Merchant notes: "With 8% of AI server revenue share, Supermicro remains one of the leading players to GPU-as-a-Service cloud providers and […]
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