Super Micro Computer, Inc (SMCI) stock trades lower due to price hike news for its AI chip production services. Supermicro also launched new X14 server portfolio with improved performance and energy efficiency.
AI server vendor Super Micro Computer, Inc (NASDAQ:SMCI) stock traded lower Tuesday in sympathy with the broader semiconductor industry as Taiwan Semiconductor Manufacturing Co (NYSE:TSM) weighs price hikes for its AI chip production services as per a Nikkei Asia report. Meanwhile, at Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ:INTC) Xeon 6700-series processors with E-cores and future support for Intel Xeon 6900 series processors with P-cores. Based
Analyst initiates coverage on Affirm Holdings Inc (AFRM) with Hold rating, citing diverse product suite and potential for growth, but flags valuation and stock-based compensation as concerns.