This Struggling Artificial Intelligence (AI) Stock Could Be About to Take Off. Here's Why. [Yahoo! Finance]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.supermicro.com/investor-relations
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Source: Yahoo! Finance
of the most fascinating chapters in the broader artificial intelligence (AI) story. At its peak, shares of Supermicro were up over 300% earlier this year. However, beginning in August, shares entered a prolonged sell-off of epic proportions. Over the last few months, it's been a series of falling dominoes for Supermicro. Yet, what if I told you better days could be on the horizon? I'm going to detail everything that's happening at Supermicro and explain why the stock entered freefall. More importantly, I'll also explore why Supermicro could be on the verge of a turnaround, and what that could mean for investors. Taking a trip down memory lane There have been so many ongoing storylines at Supermicro over the last few months that's it's legitimately difficult to keep up with all the hoopla. Below is an annotated timeline of each road bump Supermicro has encountered, and some details around the stock movement as a result. August: In late August, Hindenburg Research published
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SMCI
News
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SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 12/6/24 - Form 8-K
- 12/2/24 - Form 8-K
- 11/26/24 - Form 8-K
- SMCI's page on the SEC website