SMCI is trading at $23.67 (+6.48%) as it continues its recovery from a -33.32% plunge triggered by federal indictments against co-founder Wally Liaw for smuggling $2.5B in AI servers to China.
- The gain follows a +3.01% rise on March 24 and +5.11% on March 23, marking a sustained multi-day rebound from recent lows.
- The stock's performance aligns with a broader market rally, with the NASDAQ up 1.04% on hopes of Middle East de-escalation.