Supermicro

Super Micro Computer designs and builds high-performance servers and storage systems, and it has become a prominent supplier of hardware for artificial intelligence and data center workloads. Its close ties to leading chipmakers have driven rapid growth, though the business is competitive, capital-intensive and has faced accounting and disclosure scrutiny. Supermicro pays no dividend, directing its resources toward funding rapid expansion and managing the working capital that its fast-growing hardware business demands. It is squarely a growth stock, and any return comes through share price rather than income. Investors here are buying into the AI infrastructure theme, not a dividend, with the volatility that implies.