The rise of the AI wave has driven the performance of related companies to soar. AI server and storage ** giant Super Micro Computer (Super Micro Computer) stock price soared, the company has risen by 180% in the past 1 month, and the increase in the past 12 months has reached about 900%, Bank of America analysts are optimistic about the prospects of Supermicro, giving a ** rating and a target price of $1040 on Thursday (15th).
It is worth noting that Supermicro has a close relationship with companies such as Huida, and its trend is regarded as one of the indicators of AI market development, and Supermicro's Taiwanese AI server-related concept stocks include Quanta (2382), Wistron (3231), Wistron (6669), Compal (2324), Inventec (2356), etc., as well as Litai (2465), a board manufacturer that cooperates with Pan American Supermicro Group, etc., are expected to benefit.
Bank of America analyst Ruplu Bhattacharya said on Thursday that while the server market has grown at a rate of only $5 per year for the past 17 years5% growth, but he** in the next 3 years, the market will grow at an average compound annual growth rate (CAGR) of 50%. Supermicro will benefit from the expansion of its market share, and its revenue growth rate will even exceed 50%.
According to Batacharya, Supermicro has established initial launch partnerships with companies such as Nvidia, AMD and Intel in the field of CPU and GPU accelerators. Supermicro's ability to use a variety of new designs and technology synergies will benefit the company from the massive AI processor releases in the coming years.
Supermicro rose 14% on Thursday to close at $1,004, and continued to reach $1,032 in after-hours trading, up 279%。