Super Micro Computer Becomes the Frist AI-Mania Highflyer in our Imploded Stocks

Super Micro Computer Becomes the Frist AI-Mania Highflyer in our Imploded Stocks

42% in two days, -76% from peak-AI-mania in March 2024. There is some dark humor in those kinds of charts.

Super Micro Computer Becomes the First AI-Mania Highflyer in Our Imploded Stocks

by Wolf Richter Wolf Street -42% in two days, -76% from peak-AI-mania in March 2024. There is some dark humor in those kinds of charts. Shares of AI-mania highflyer Super Micro Computer, one of the many vendors that build servers based on Nvidia’s GPUs, plunged 33% on Wednesday, another 12% today in regular trading, and another 3% afterhours, for a combined plunge of 42.5% in two days, to $28.25, after having exploded by 1,500% from January 2023…