Super Micro stock plunges
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A surge in new orders has Supermicro raising money to purchase components to satisfy those orders.
Investors are bailing on Super Micro Computer (SMCI) shares on June 10 after the artificial intelligence (AI) infrastructure company announced a $5 billion underwritten public offering. In its press release,
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Investors are betting that Supermicro's AI growth story still has plenty of room to run.