Trade Tensions Weigh Heavily on 10 Stocks

6. Super Micro Computer Inc. (NASDAQ:SMCI)

Super Micro extended its losing streak for a third straight day on Monday, slashing 13 percent to close at $36.07 apiece as investor sentiment was dampened by news that the Singapore government was investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland.

On Monday, Singapore’s law minister outlined specifics of the probe after news reports that police arrested several people for their key roles in procuring and shipping Nvidia chips which are in violation of US sanctions.

Authorities are now investigating if the servers, made by Dell and SMCI, made their way to other countries and to the mainland.

The case came weeks after Bloomberg News reported that the US was investigating whether Chinese artificial intelligence startup DeepSeek had bypassed US chip restrictions with the help of third parties in Singapore.