Not So Super
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Super Micro Computer (SMCI) makes rack servers. That sounds boring, right? Well, not if they have the privilege of riding the AI fad, which they did to great effect recently.
Clearly, the bloom is off this rose, because in just a month’s time, a full one-third of the market cap has been laid waste. I’d say there’s plenty more downside to this overvalued fad-beneficiary.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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