Super Micro Computer Inc is trading 6.0% down at $47.15 as traders lock in profits following a sharp multi-day AI-driven run-up and a broader risk-off tone in equities.
- The stock had climbed more than 30% over the past week, driven by enthusiasm for new AI data center chips like AMD’s next-generation EPYC Venice platform.
- Shares became vulnerable to a pullback as market volatility rises and investors shift toward a risk-off stance across the technology sector.