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Super Micro Computer Has Soared Over 65% in the Last Month. Is It Too Late to Buy?
U.S. stocks are fluctuating | The market is concerned about the company being removed from the NASDAQ 100 Index, Super Micro Computer (SMCI.US) is down more than 5% in pre-market trading.
On Wednesday, Super Micro Computer (SMCI.US) fell more than 5% in Pre-Market Trading, trading at $38.42.
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Express News | Super Micro Computer Shares Down 4.7% Premarket After 8.2% Drop on Tuesday
Possibly being removed from the NASDAQ 100 Index, Super Micro Computer's stock price plummeted by 8%.
Despite the recent controversies surrounding Super Micro Computer, JPMorgan analysts indicate that the company's server Orders remain strong, with a new product expected to be launched in 2025. Furthermore, with the release of NVIDIA's next-generation processors, it is anticipated that AI-related Business will be Bullish for Super Micro Computer.
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