Super Micro Computer to Join Nasdaq-100

$Super Micro Computer (SMCI.US)$ , a high-performance computer server maker and key player in AI development, will join the Nasdaq-100 and Nasdaq-100 equal-weighted indexes before trading opens on July 22.

The stock has performed impressively this year:
- 264% jump in Q1
- Despite a 21% decline in Q2, shares are up 220.1% for the year
- Trading at $909.96, up 11.1% in the first nine days of July

Super Micro shares have benefited from the success of companies like $NVIDIA (NVDA.US)$ involved in AI. The Nasdaq-100 includes top nonfinancial companies like $Apple (AAPL.US)$ , $Amazon (AMZN.US)$ , $Alphabet-A (GOOGL.US)$ , $Meta Platforms (META.US)$ , $Microsoft (MSFT.US)$ , $NVIDIA (NVDA.US)$ , and $Tesla (TSLA.US)$ .