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Super Micro Sinks 13% on a $7 Billion Raise

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24/7 Wall St. · 2d
Super Micro Sinks 13% on a $7 Billion Raise, but Dell Climbs 4% as the AI-Server Trade Splits
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are down 13% to $35 and change in mid-morning trading Wednesday, while Dell Technologies (NYSE:DELL) stock is moving in the opposite direction,

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 · 3d · on MSN
Super Micro Computer to raise $7 billion in equity offerings to meet AI server demand
 · 2d
Stock Market Today, June 10: Super Micro Computer Crashes After $7 Billion Equity Financing Plan
2don MSN

Why Super Micro Computer stock got crushed today

A surge in new orders has Supermicro raising money to purchase components to satisfy those orders.
7h

Super Micro Computer: A High-Risk Balancing Act

Super Micro Computer faces a highly speculative outlook after an equity raise to fund $39B in AI server orders. Learn more ...

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