20 Worst Performing AI Stocks of Last Week

Page 14 of 18

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

Weekly Decline: 15.69%

Number of Hedge Fund Holders: 47

Super Micro Computer, Inc. (NASDAQ:SMCI) is an information technology company based in San Jose, California. It develops and manufactures high-performance server and storage solutions based on modular and open architecture.

The services that Super Micro Computer, Inc. (NASDAQ:SMCI) offers are essential for businesses investing in AI since server and storage services are necessary for building the infrastructure to support next-generation technologies and complex AI models.

As a result, business has been great for Super Micro Computer, Inc. (NASDAQ:SMCI). In the second quarter of fiscal 2025, the company generated revenue of $1.27 billion, above the midpoint of guidance. This growth was driven mainly by stronger demand from Super Micro Computer, Inc.’s (NASDAQ:SMCI) data center end market.

Despite all this, analysts have been downgrading Super Micro Computer, Inc. (NASDAQ:SMCI) because of concerns over the company’s delayed annual report. This uncertainty has led to many analysts valuing the stock similarly to other hardware manufacturers with lower growth trajectories. Poor analyst opinions of Super Micro Computer, Inc. (NASDAQ:SMCI) may thus be one of the factors contributing to the stock’s recent decline.

In the second quarter, 47 hedge funds were long Super Micro Computer, Inc. (NASDAQ:SMCI), with a total stake value of $1.5 billion.

Page 14 of 18