Should You Buy the Dip on Super Micro Stock?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-03 22:37

Are the recent declines a buying opportunity or early signs of a deeper problem?Along with chipmaker Nvidia, Super Micro Computer (SMCI 2.59%) has been one of the biggest beneficiaries of the generative artificial intelligence boom, helping turn AI chips into user-ready servers. However, after rising by over 2,200% over the last five years, the company's share price growth has begun to stall. Let's dig deeper to determine if it's time to buy the dip or run for the hills. Second-quarter earnings exposed prob ...