SMCI.NE is trading about 8% down at $8.39 as investors remain wary of Super Micro Computer’s previously announced plan to raise roughly $7 billion in equity-related financing.
- The $7 billion financing plan, which sparked sharp selling when disclosed in June, continues to fuel concerns over shareholder dilution and working-capital strain.
- The stock is also facing pressure from negative cash flow and broader weakness in AI hardware names during a generally soft market session.