Super Micro Begins Shipping Max-Performance Servers With Intel Xeon 6900 Series Processors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
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Source: Benzinga
New Server Launch: Super Micro Computer, Inc. has begun shipping its high-performance servers featuring Intel Xeon 6900 series processors, optimized for demanding workloads like AI and HPC, with configurations that support up to 256 performance cores and advanced cooling solutions.
Stock Performance: Despite the launch of new systems, SMCI stock has seen a decline of over 5% in the past year, closing at $32.61 recently.
Analyst Views on SMCX
Wall Street analysts forecast SMCX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMCX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.340
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Current: 13.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
