Super Micro Computer named a top pick entering 2023 at Northland

Northland analyst Nehal Chokshi names Super Micro Computer as a top pick entering 2023. The company’s leadership in artificial intelligence and machine learning workloads adds another driver to sustained 20%-plus growth, Chokshi tells investors in a research note. He adds that Super Micro shares continue to trade at the low end of similar storage comparable names. Chokshi reiterates an Outperform rating on the name with a $165 price target.