SMCI Plunges 33%: Smart Buy or a High-Risk Bet?

Key Takeaways SMCI shares fell 33% post $2.5B AI server smuggling allegations tied to export violations. Super Micro faces renewed scrutiny amid past accounting issues, DOJ probe and auditor resignation.SMCI still sees strong AI demand, projecting $12.3B Q3 revenues and at least $0.60 EPS. Super Micro Computer, Inc.’s (SMCI) shares plummeted 33.3% on Friday following fresh allegations, adding to its past controversies. But does this sharp decline create a buying opportunity given its strong artificial intel ...