10 Overlooked Tech Stocks to Buy Now

6. Super Micro Computer, Inc. (NASDAQ:SMCI)

P/E Ratio: 9.81

Hedge Fund Holders: 45

Super Micro Computer, Inc. (NASDAQ:SMCI) is a global pioneer in high-performance server and storage systems, serving markets such as enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing. Super Micro, based in San Jose, California, develops IT solutions that include modular servers, networking devices, storage systems, and server management software.

The company is one of the most intriguing, overlooked tech stocks today, capitalizing on the enormous AI demand wave. Super Micro predicts revenue between $5.6 billion and $5.7 billion in the second quarter of fiscal 2025, representing a staggering 54% rise year-over-year. Non-GAAP earnings per share are expected to range between $0.58 and $0.60, with a non-GAAP operating margin of roughly 7.9%. Although gross margins fell marginally to 11.9% owing to product and client mix, Supermicro is still focused on scaling new AI-optimized platforms.

Notably, Super Micro Computer, Inc. (NASDAQ:SMCI) has started shipping NVIDIA Blackwell products, such as the B200 HGX systems and GB200 NVL72 racks. The company is growing its lead in liquid-cooled data center systems, with liquid cooling likely to be used in more than 30% of new data centers within a year. Its Datacenter Building Block Solutions provide end-to-end infrastructure, enabling customers to reduce total cost of ownership by up to 40%.

Supermicro is rapidly expanding its manufacturing footprint, with new facilities in Malaysia, Taiwan, Europe, and increased production in Silicon Valley. It obtained $700 million in convertible senior notes to support its aggressive growth efforts.

Super Micro Computer, Inc. (NASDAQ:SMCI) has teamed with SteelDome to develop sophisticated virtualization and software-defined storage solutions aimed at business and edge deployments, therefore boosting its AI and hyperconverged products.

Despite its pace, Super Micro Computer, Inc. (NASDAQ:SMCI) is an overlooked tech stock, providing investors with a unique opportunity to invest in a company predicting revenue of $23.5 billion to $25 billion in 2025, and an aggressive $40 billion revenue target by 2026.