2024-04-19 04:25:00 ET
Super Micro Computer (NASDAQ: SMCI) , more commonly known as Supermicro, saw its shares skyrocket by 2,380% over the past three years. The server maker was also added to the S&P 500 this March and has a market cap of $57 billion.
Yet Supermicro is still less valuable than its rival Dell Technologies (NYSE: DELL) , which has a market cap of $86 billion, currently leads the server market, and is expected to generate more than 6 times as much revenue as Supermicro in its current fiscal year.
So could Supermicro catch up to Dell and eclipse its market cap in the near future?
For further details see:
Could Super Micro Computer Become the Next Dell Technologies?