Super Micro Computer Teeters On Edge Of Nasdaq 100: Can xAI, Nvidia Help Stabilize Trajectory?

Super Micro Computer Inc. SMCI is walking a tightrope this week, with its spot on the Nasdaq 100 Index hanging in the balance. As the index reshuffles its lineup every December, the San Jose, California-based firm finds itself on the potential chopping block, alongside other underperforming stocks like Moderna Inc MRNA and Biogen Inc BIIB.Super Micro Computer benefitted from the surging demand for artificial intelligence infrastructure. At one point, it boasted a market cap of $67 billion. But a recent audi ...