Time Aktie
WKN DE: A11312 / ISIN: US8872281048
01.09.2024 00:39:00
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Super Micro Computer's Stock Sinks: Time to Buy or Sell?
Super Micro Computer (NASDAQ: SMCI), more commonly known as Supermicro, was one of the hottest artificial intelligence (AI) stocks this year. Its shares closed at a record high of $1,188.07 on March 13, representing a 2,760% gain over the previous two years, as its sales of dedicated AI servers skyrocketed.But as of this writing, Supermicro's stock trades at $424. Four issues caused that slide: concerns about its declining gross margins, troubling allegations from a prolific short-seller, a delayed filing of the company's annual report, and Nvidia's (NASDAQ: NVDA) decelerating sales growth. Let's see if investors should buy or avoid this fallen AI stock.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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