Why Super Micro Computer Stock Soared Today, and Why Another Catalyst Is Coming Soon

Super Micro Computer (NASDAQ: SMCI) stock has been in limbo for months now. The company has been mired in an accounting controversy, and has been at risk of being delisted from the Nasdaq stock exchange since last summer.But shares were pushing higher Wednesday after the company announced it had ramped up production availability of its artificial intelligence (AI) data center server solutions that feature Nvidia's new Blackwell platform. After jumping by almost 14% in morning trading, Super Micro stock remained higher by 8.8% as of 12:20 p.m. ET. And another catalyst might be just around the corner.Super Micro shares are still down by around 50% over the last six months. In October, its accounting firm resigned after raising concerns about the company's financial reporting, internal controls, and governance. Super Micro also needs to file its delayed annual report and other required financial statements with the Securities and Exchange Commission (SEC) by the Feb. 25 deadline set by Nasdaq. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool