With Super Micro Computer (SMCI) shares continuing to scale unfathomable zeniths in affinity with NVIDIA’s meteoric rise, the manufacturer of high-performance servers has been raising additional liquidity like there is no tomorrow, with this mercantilist attitude trickling down to corporate insiders who’ve dumped nearly 20x as many shares as they’ve bought over the past three months. Yet, SMCI seems to have overplayed its hands today after announcing a new equity offering. Of course, there is a solid reason behind Super Micro Computer’s ongoing affinity with NVIDIA. After all, the company’s biggest client is NVIDIA, and its second-biggest client is an […]
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