Server systems builder Super Micro Computer (NASDAQ: SMCI) was a market darling a year ago. Is it time to turn away from this disgraced industry titan and seek more reliable investment avenues in the artificial intelligence (AI) market?
Supermicro’s stock had gained 2,760% in the two years leading up to March 13, 2024. Many hyperscale data centers were loading up on the company’s hardware to drive their AI operations.
But that turned out to be the peak of Supermicro’s AI surge….
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https://finance.yahoo.com/news/forget-super-micro-computer-buy-152300873.html