Super Micro Computer stock closed up more than 18% on Monday after the company was selected to join the S&P 500.

Super Micro Computer and Deckers Outdoor will join the S&P 500 in the index's quarterly rebalance, S&P Dow Jones Indices said late Friday.

March 4 (Reuters) - Shares of Super Micro Computer (SMCI.O), opens new tab jumped 14% on Monday after the artificial-intelligence server maker was set to join the S&P 500 index (.SPX), opens new tab, highlighting the growing dominance of AI stocks in Wall Street's benchmark index.

With U.S. stock markets set to open in two hours, Macy's Inc. (M) was up 16.6% in pre-market trading, and Super Micro Computer Inc. (SMCI) was up 15.4%.

Following the conclusion of AI Field Day 4, held from February 21 to February 23, 2024, I reflect on an event full of insightful discussions, groundbreaking presentations, and collaborative exchanges.

Following our comprehensive review of the Supermicro X13 SuperBlade chassis, we now focus on a server option when populating the chassis, the Supermicro Blade SBI-421E-5T3N.

Jeff Sharpe, Sr. Director, Edge AI Solutions at Supermicro sits down with Dave Vellante & John Furrier for a conversation as part of theCUBE's coverage of MWC Barcelona 2024.

SAN JOSE, Calif., and BARCELONA, Spain, Feb. 26, 2024 -- Supermicro, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, has announced an expanded portfolio of purpose-built infrastructure solutions to accelerate performance and increase efficiency in 5G and telecom workloads.

San Jose and Barcelona — February 26, 2024 – Supermicro, Inc. (NASDAQ: SMCI), a provider for AI, cloud, storage, and 5G/edge solutions, announced an expanded portfolio of purpose-built infrastructure solutions to accelerate performance and increase efficiency in 5G and telecom workloads.

Supermicro is expanding its portfolio of AI solutions, allowing customers to leverage the power and capability of AI in edge locations, such as public spaces, retail stores, or industrial infrastructure.