Supermicro, a beneficiary of the AI boom, joins the S&P 500 after its stock grew 20x+ in the past two years and 200%+ in 2024, pushing its market cap past $50B (Kif Leswing/CNBC)

Kif Leswing / CNBC:

Supermicro, a beneficiary of the AI boom, joins the S&P 500 after its stock grew 20x+ in the past two years and 200%+ in 2024, pushing its market cap past $50B  —  - Shares of Super Micro Computer rose more than 8% in extended trading after the server assembler was selected to join the S&P 500 index.

boom cap cnbc joins market market cap stock supermicro