12 AI Stocks Making Waves Today

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

Number of Hedge Fund Holders: 45

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and sells modular server and storage solutions. On April 30, Barclays reiterated the stock as “Equal Weight” and lowered his price target to $34 from $39. The firm said that it is sticking with its equal weight rating on the chip computer company following earnings on Tuesday.

“We think prior guidance from SMCI was too optimistic to begin with. There is too much uncertainty on AI server builds with lack of visibility into CY25 as customers go through product transitions.”