Super Micro Computer (NASDAQ: SMCI) shares continue to struggle after enduring a veritable pounding on Friday, one that was initially deemed an affinity move alongside NVIDIA’s 10 percent correction. However, a rumor is now painting a much more troubling regulatory picture for the manufacturer of high-performance servers. Rumor: Super Micro Computer’s Dealers in China are Managing to Evade the Biden Administration’s Export Controls $SMCI -23.1%$NVDA – 10.0%$META -4.1% Market determined that AI is no longer going to be a thing — Julian Klymochko (@JulianKlymochko) April 19, 2024 As a refresher, Super Micro Computer’s biggest client is NVIDIA, and its second-biggest […]
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