Big swings up and down have become typical for Super Micro, which is caught between the hype of artificial intelligence and concerns about the firm’s finances.

This was the stock's second consecutive day of losses.

Supermicro stock is surging today thanks to bullish coverage from an analyst. Lynx Equity recently published bullish coverage on the stock, and the firm thinks that new hardware from Nvidia will lift the server specialist's performance.

Super Micro Computer, the server maker that has delayed filing its earnings for the past fiscal year, was heading higher on Tuesday after gaining almost 10% to start the week. The stock, which was the most volatile in the S&P 500 index last year,

This was the stock's second consecutive day of gains.

Shares of Super Micro Computer have surged since the company's IPO, and the stock's forecast should catch investors' attention.