Why did Super Micro Computer go up today? AI euphoria
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Super Micro Computer (NASDAQ:SMCI) shares rose more than 6% on Friday as investors continued to be euphoric about artificial intelligence and stocks related to them.
More than 2M shares of Super Micro Computer (SMCI) shares changed hands shortly after 3 p.m. EST, compared to the average daily volume of just under 2.4M.

Other AI-related stocks continued to see investor interest on Friday, as Nvidia (NVDA) gained nearly 4% and AMD (AMD) tacked on 3%.
Nvidia (NVDA) was upgraded by Daiwa Capital, citing recent checks into the company's strong position in artificial intelligence.
Analyst Louis Miscioscia raised his rating on Nvidia (NVDA) shares to outperform from neutral and boosted his per-share price target to $475 from $408, noting the company's dominance in AI and in particular, generative AI, will be difficult to match for competitors like AMD (AMD) and Intel (INTC) due to Nvidia's full-scale offerings.
AMD (AMD) shares rose nearly 3% as an AI software firm touted the prowess of AMD's (AMD) MI250 when comparing it to Nvidia's (NVDA) A100.