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

SMCI​​​​​​, 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.

Shares of Super Micro Computer (SMCI), 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. Related Content Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with …

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