Super Micro Computer has had its ups and downs recently but it’s still a major player in the AI revolution. Investors were reminded of that Wednesday, courtesy of Elon Musk’s xAI start-up. The company is expanding its supercomputer facility in Memphis to house at least 1 million graphics processing units (GPUs),

One of the most volatile stocks in recent months has been Super Micro Computer (NASDAQ: SMCI). The company is in the business of providing solutions for the massive data center computing power needed in the artificial intelligence (AI) field.

The big recovery in Supermicro shares started with a 12.1% gain over the month of November, according to data provided by S&P Global Market Intelligence. But it didn't stop there. In just the first two trading days of December, the stock has surged more than another 30%. And it may not be done yet.