
SMCI Recovers After 28% Drop as Traders Question $39B Backlog
Super Micro Computer (SMCI) rebounded in after-hours trading after a 28% regular-session drop tied to a $7 billion equity offering intended to fund about $39 billion of new AI server orders from around 20 customers. Retail traders on StockTwits debated whether the orders are credible and whether dilution could hurt shareholders, a concern heightened by a March indictment of a co-founder. Despite the rebound, the stock remains down for 2026 amid broader market jitters and other headlines such as the SpaceX IPO backdrop.












