Shares in server maker Super Micro Computer soared 16% Monday after the company reported strong shipments of its GPUs, fueled by AI demand. Watch these major chart levels.

Server company Super Micro Computer (SMCI) unveiled a new liquid cooling solution for AI data centers on Monday, while also revealing it’s shipping over 100,000 graphics processing units (GPUs) quarterly — news that sent its stock climbing more than 15% in midday trading.

Shares of server marker Super Micro Computer climbed Monday on signs of strong demand. The stock was recently up 15% on the day, making it the top performer in the S&P 5