Super Micro Computer stock is plunging despite big AI demand. Here’s why

Super Micro Computer stock is plunging despite big AI demand. Here’s why.

The AI company’s stock quickly fell 13% following its quarterly earnings release

Shares of Super Micro Computer, which was added to the S&P 500 index in March, sank more than 13% Wednesday morning after the company missed analysts’ revenue expectations for its fiscal third quarter.

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Super Micro Computer stock is plunging despite big AI demand. Here’s why