Super Micro Computer Skyrockets 13.5% After Being Added to S&P 500 Index

Super Micro Computer, which makes servers for artificial intelligence (AI), jumped 13.5% in after-hours trading after the US stock market closed on the 1st. File photo of the company logo (2024 Reuters/Ann Wang)

[１日 ロイター] – Super Micro Computer (SMCI.O), opens new tab, which makes servers for artificial intelligence (AI), jumped 13.5% in after-hours trading after the U.S. stock market closed on the 1st. The background is that it has been selected as a component of the S&P 500 Index (.SPX), opens new tab. It will be included in the index along with shoe maker Deckers Outdoor (DECK.N), opens new tab, before the start of trading on the 18th of this month. Published by S&P Dow Jones Indices. Consumer electronics company Whirlpool (WHR.N), opens new tab and bank Zions Bancorp. (ZION.O), opens new tab will be removed from the index. Super Micro sells high-end servers equipped with top-of-the-line AI processors from semiconductor giant Nvidia (NVDA.O), opens new tab. The stock price has more than tripled this year.

The stock market capitalization is over $50 billion. There was speculation in the market that it would be included in the S&P 500 index.

Its daily trading value was nearly $10 billion, surpassing Microsoft (MSFT.O), opens new tab and Amazon (AMZN.O), opens new tab. The stock was up 4.5% in regular trading on the day.

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2024-03-04 03:57:41
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