Super Micro Computer ( SMCI 5.00%), more commonly known as Supermicro, went on a wild ride over the past year. The maker of artificial intelligence (AI) servers closed at a record split-adjusted high of $118.81 on March 13, 2024, which marked a 1,020% gain over the previous 12 months.

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Super Micro was the most-shorted stock in the S&P 500 as a percentage of its float, according to Dow Jones Market Data. With 21.3% of its shares sold sho