20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Monday, Super Micro Computer, Inc (NASDAQ:SMCI) unveiled its latest IoT and embedded systems, which aim to boost performance and enhance power efficiency for AI applications at the remote edge.
With the introduction of new models, including those supporting the latest Intel Corp (NASDAQ:INTC) Intel Atom x7000RE processor, Supermicro broadens its infrastructure solutions to deliver advanced computing and AI performance to the intelligent edge.
Charles Liang, the president and CEO of Supermicro, emphasized expanding their system product line to include servers optimized for edge environments capable of managing workloads that generate massive data volumes.
These systems are designed with up to 16GB of memory, dual 2.5 GbE LAN ports, and a NANO SIM card slot, facilitating AI inferencing at the edge.
Supermicro’s new offerings, including the SYS-E100, SYS-E102, SYS-E111AD, and an updated SYS-E403, are tailored for edge applications, providing increased performance with the latest Intel Atom and Intel Core CPUs in compact form factors.
Analysts had flagged Super Micro’s role in the AI revolution, driven by demand for AI model training, augmented generation, and inferencing workloads, with expectations for the company to lead through custom-built solutions and swift market delivery.
The AI Server market’s potential growth, projected to exceed $200 billion by 2027-28, along with Super Micro’s innovative product offerings and early market lead, positions it to capitalize on a significant revenue opportunity, supporting its premium valuation amidst market shifts.
Super Micro stock gained over 771% in the last 12 months. Investors can gain exposure to the stock via Invesco S&P MidCap Momentum ETF (NYSE:XMMO) and IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:IDGT).
Price Action: SMCI shares traded lower by 4.52% at $886.40 on the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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