Citi: Super Micro Computer (SMCI) Has Captured 8 Percent Of The Global AI Server Revenue Share

Citigroup Initiates Super Micro at 'Neutral' with $39 Price Target - Wall Street Pit

Citi (C) has initiated coverage of Super Micro (SMCI) with a 'Neutral' rating and a $39 price target, citing the company's potential in AI infrastructure but noting competitive pressures on profit margins. Shares rose to $35.85 in premarket trading after a 9% gain to $35.81, reflecting investor optimism tempered by challenges…

Citi: Super Micro Computer (SMCI) Has Captured 8 Percent Of The Global AI Server Revenue Share

As one of the leading GPU-as-a-Service players and a prominent retailer of liquid-cooled AI racks, Super Micro Computer (SMCI) has predictably attracted significant attention in recent months as the broader AI story continues to unfold on the global macro stage. Now, Citi has initiated coverage of the high-momentum stock with cautious optimism. To wit, Citi analyst Asiya Merchant has now pegged a $39 stock price target on Super Micro Computer, w…