🟢 SMCI is trading 9.2% up today extending rally on AI server positioning and post-earnings rerating

SMCI is trading 9.2% up at $45.11 in pre-market action, extending a sharp multi-day rebound from the low-$30s.

• The advance builds on sustained enthusiasm regarding the company's AI server market positioning and a recent post-earnings rerating.
• Shares have maintained strong upside momentum since May 22, despite a lack of fresh company-specific headlines on May 29.
• Gains are further supported by a generally positive tech tape across U.S. equity futures.