Reported 1 day ago
Super Micro Computer's stock plummeted over 5% due to new U.S. restrictions on artificial intelligence (AI) chip exports, affecting its competitive edge. With increased regulations aimed at limiting sales of advanced AI technology to countries like China and Russia, Supermicro faces potential growth limitations as a significant player in the AI server market. Moreover, upcoming reports and ongoing investigations concerning Nvidia chip exports could further influence the company's stock performance.
Source: YAHOO