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Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it

Quartz

qz.com › super-micro-computer-stock-nvidia-micron-technology-amd-1851423394

It was a bad day for artificial intelligence stocks on Friday. It started when Super Micro Computer saidit won’t pre-announce earnings and that it will report fiscal third-quarter results on April 30. ​​That spooked investors who worried the company’s earnings might not meet expectations.

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Super Micro Computer stock is spiking after an analyst said it can hit $1,500

Quartz

qz.com › super-micro-computer-stock-price-analyst-ai-hardware-1851413881

Super Micro Computer stock rallied on Tuesday after a Wall Street analyst hiked his price target on the shares from $600 all the way to $1,500. Shares in the AI hardware were up more than 7% in late-afternoon trading, making Super Micro Computer the day’s best performing stock in the S&P 500. It was added to the index…

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