We recently compiled a list of the 8 Best Cheap Growth Stocks To Invest In Now. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other cheap growth stocks.

High-end server company Supermicro has completed a 10-to-1 stock split, with shares opening on a post-split basis on Tuesday. Here’s what to know. Since the end of August, Super Micro Computer, Inc. has had a rough time.

The high-performance server specialist with AI ties needs to resolve its macro, competitive, and regulatory issues.

In other words, if Super Micro Computer shares were trading at $1,000 before the split, an investor holding one share before the split would hold 10 shares priced at $100 each after the split. (Companies can also hold reverse splits, as some have done lately .)

Super Micro Computer's stock price fell sharply after the Wall Street Journal reported the company faces a federal investigation.

On Sept. 25, a group of 16 analysts had an average one-year price target on Supermicro stock of $729.19. That represents around 60% upside from the stock's closing price on Sept. 25, which was a day before a Wall Street Journa l article helped fuel a 12% drop.

Major U.S. indexes gained at midday Thursday as chip stocks surged, led by Micron Technology after the memory chip maker reported strong sales driven by AI demand.

The technology company's stock split happens after the market close, and the shares will begin trading tomorrow at their new -- and significantly lower -- price. Supermicro joins the list of other high-flying artificial intelligence (AI) stocks -- such as Nvidia and Broadcom-- that have completed such operations in recent months.

Super Micro Computer joined a growing list of semiconductor companies that have split their stocks after the market closes on Monday. A 10-for-1 stock split will take effect after trading ends, which means the shares will begin trading on a post-split basis starting on Tuesday.