Super Micro (SMCI) Rallies 10.2% as US Freezes Export Curbs to China

We recently published These 10 Stocks are Winning Big. Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the best-performing stocks on Monday.

Super Micro jumped for a fourth straight day on Monday, adding 10.24 percent to close at $60.05 apiece as investors cheered President Donald Trump’s decision to freeze export restrictions on technology products to China as Washington and Beijing resume trade negotiations.

The US and China will meet in Stockholm for a third round of trade talks on Monday, following previous meetings in Geneva and London.

Known for its AI-focused server systems, Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the companies benefiting from increased technology spending this year. Year-to-date, its stock has gone up by almost 100 percent as more companies globally build large artificial intelligence workloads.

In other developments, Super Micro Computer, Inc. (NASDAQ:SMCI) is set to announce the results of its earnings performance for the fourth quarter of fiscal year 2025 after market close on August 5. An investor call will be held on the same day to elaborate on the results.

While we acknowledge the potential of SMCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.