Super Micro Computer Stock Sank Again Today -- Is the Beaten-Down AI Stock Cheap Enough to Buy Now?
Super Micro Computer(SMCI) The Motley Fool·2024-11-15 07:22
Down roughly 85% from its high, is Supermicro still a high-risk stock?Super Micro Computer (SMCI -11.41%) stock saw another day of big sell-offs in Thursday's trading. The company's share price closed out the daily session down 11%.Supermicro stock fell today after Cisco made new comments about its plans to move into the artificial intelligence (AI) server market. Today's valuation pullback followed a 6.3% decline in the company's share price after a filing with the Securities and Exchange Commission (SEC) ...