Super Micro Surges 7% on AI Server Boom

Super Micro Computer shares jumped over 7% Friday to $24.93, as investors focused on the company's explosive AI server growth despite ongoing legal troubles. The San Jose firm reported record quarterly sales of $12.7 billion, up 123% year-over-year, and raised full-year guidance to at least $40 billion. A federal indictment of co-founder Wally Liaw over alleged export violations involving Nvidia AI chips to China has weighed on sentiment, though the company itself was not charged. Analyst consensus leans toward Hold, with average price targets of $36 to $37, reflecting tension between strong revenue growth and margin pressure, governance risks, and customer concentration concerns.