AICNBC Tech5 days ago
Super Micro stock falls on $7 billion financing plan
1 min read
Super Micro Computer shares dropped 9% after announcing $7 billion in equity financing deals to cover hardware purchases. The company plans $5 billion in stock offerings and a $2 billion at-the-market offering starting in July. Super Micro reported $39 billion in AI server orders from over 20 customers in recent weeks.
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