Super Micro Computer shares rose more than 10% to about $31 on no specific news, though the stock remains down 31% over the past year. The company reported $10.2 billion in quarterly revenue, more than double year-over-year, driven by AI servers using Nvidia chips. Gross margin recovered to 9.9% from 6.3%.
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Western Digital Jumps 7% on Morgan Stanley Price-Target Hike