Super Micro Plunges 28% as $7B Raise Eclipses $39B AI Backlog
SMCI stock fell 28% on June 10, 2026 after the AI-server maker unveiled $7B in concurrent equity and equity-linked financing to fund its $39B order backlog.
SMCI stock fell 28% on June 10, 2026 after the AI-server maker unveiled $7B in concurrent equity and equity-linked financing to fund its $39B order backlog.
Super Micro (SMCI) jumped 24% after Q3 FY2026 revenue hit $10.24B, up 123% YoY, while gross margins recovered to 9.95% — fueling broad semiconductor gains.
Super Micro Computer launches an independent investigation after its co-founder is indicted. A look at SMCI’s governance track record and what it means for investors.