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Supermicro stock is surging today thanks to bullish coverage from an analyst. Lynx Equity recently published bullish coverage on the stock, and the firm thinks that new hardware from Nvidia will lift the server specialist's performance.

Supermicro shares are likely to remain in the spotlight to start the week after jumping more than 10% Friday to log their best one-day performance since early December. Monitor these key chart levels.

Big swings up and down have become typical for Super Micro, which is caught between the hype of artificial intelligence and concerns about the firm’s finances.

Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report)’s share price traded up 4.8% during mid-day trading on Friday . The company traded as high as $31.52 and last traded at $31.48. 10,200,266 shares changed hands during trading,

This was the stock's second consecutive day of gains.

Super Micro Computer, the server maker that has delayed filing its earnings for the past fiscal year, was falling Tuesday after gaining almost 10% to start the week. The stock, which was the most volatile in the S&P 500 index last year,

Super Micro Computer Inc. stock was rising ahead of the opening bell, putting the server maker on course to build on Friday’s double-digit gains. Super Micro was the most volatile S&P 500 stock last year,