Growing faster, stronger, and lower than NVIDIA?
On the basis of last year's 250% surge, Supermicrocomputer's stock price continued to rise this year, more than doubled, easily surpassing Nvidia, Microsoft, AMD, etc.
There is also an amazing data: since the end of 2022, the stock price of Supermicro Computer has risen by more than 700%, and the market value has risen to more than 8 times.
The main reason for the surge in Supermicro's stock price is the strong demand for its servers, the infrastructure for AI chipsIn addition, the newly released strong earnings report far exceeded expectations, and the second quarter results and third quarter results both exceeded analysts' expectations, driving Supermicro Computer to rise more than 10% in after-hours on the day. J., Founder and Chief Investment Officer of Ocean Park InvestmentsDennis Jean-Jacques said
"For Supermicro, it doesn't matter who wins the AI race. Because if you're buying an AI chip, whether it's from Nvidia or another company, you're going to need to plug in and cool the chip — and that's where Supermicro comes in. ”Hans Mosesmann of Rosenblatt Securities thinks Supermicro's liquid-cooled server system is"A must-have for next-generation AI computing hardware solutions".。He said the company was like "Switzerland to AI", benefiting from the growth of AI as a whole, rather than the growth of specific customers.
At present, Supermicro has a market capitalization of about $37 billion, although it is far less than Nvidia's about 1$7 trillion in market capitalization, but far more than half of the S&P 500 constituents.
It is reported that in fiscal year 2023, Supermicro's revenue will increase by nearly 40%, which is higher than NVIDIA's growth rate. According to data compiled by Bloomberg,Over the past six months, the consensus estimate for Supermicro's 2024 net profit has soared by 66%. In the past week alone, revenue** has grown by more than 20%, and overall revenue is expected to more than double this year.