20 AI News That Broke The Internet This Month

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18. Super Micro Computer, Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 47 

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and manufactures high performance server and storage solutions based on modular and open architecture. A few weeks after a report by investment firm Hindenburg led to a significant drop in the share price, another research firm, Glasshouse, said earlier this month that the short-selling viewpoint of the former regarding Super Micro Computer, Inc. (NASDAQ:SMCI) had missed the mark. In an investor note, the research firm noted that the risk-reward at current levels for the artificial intelligence server company was highly favorable, and that Glasshouse was bullish on the stock for the foreseeable future. The research firm further added that the recent filing delay was likely due to a precautionary measure in response to concerns raised by Hindenburg. If the Charles Liang-led Super Micro company provides either clarity or a minor revision, a rebound in the stock could occur, Glasshouse affirmed.

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