Super Micro Computer announced plans for a 10-for-1 stock split, with shareholders receiving nine additional shares for each share owned after market close on September 30th. The stock split does not affect the underlying value of shareholders' holdings but can boost sentiment and attract new investors with the lower post-split price. The company's CEO said a new Malaysia facility coming online this year will be "instrumental in increasing our profitability." Demand for SMCI's servers is driven by the growing adoption of AI technologies, with the AI market expected to grow from about $2 trillion in 2023 to nearly $30 trillion by 2032.
