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

Shares of Super Micro Computer jumped after the company, alongside Deckers Outdoor, was tapped to join the S&P 500 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%.

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.

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.

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.

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.