Super Micro Computer: Sell-Off Is Warranted - Finally Nearing The Buy Zone

1 - l l MicroStockHub We previously covered Super Micro Computer, Inc. (NASDAQ:SMCI) in May 2024, discussing why we had upgraded the stock to a Buy, thanks to the robust long-term generative AI trends, Nvidia's (NVDA) promising forward guidance, and Taiwan Semiconductor Manufacturing Company's (TSM) positive commentary. Combined with the improved margin of safety after the April 2024 pullback and the relatively healthy balance sheet, we had recommended a Buy once a floor had materialized. Since then, SMCI h ...