Super Micro shares fall 7.53% as AI infrastructure stocks sell off

  • Super Micro shares fell as semiconductor and AI infrastructure stocks declined Monday.
  • Super Micro dropped 7.53% to $37.08 at publication, according to Benzinga Pro.
  • Super Micro remains above its 50-day and 200-day moving averages after an August golden cross.

Super Micro Computer shares fell 7.53% to $37.08 Monday as a broader semiconductor and AI infrastructure selloff weighed on technology stocks. The Nasdaq dropped 1.59% and the S&P 500 declined 0.68%, while Broadcom, Advanced Micro Devices, NVIDIA, Intel and Marvell Technology fell between 3% and 8%. Investors are reassessing AI infrastructure spending amid calls for slower frontier AI development over safety concerns, a debate that could affect demand for Super Micro’s servers and rack-scale systems. The stock remains in a longer-term bullish trend, trading above its 50-day and 200-day simple moving averages, although it has weakened below its 20-day average. Analysts have a Hold consensus rating and an average price forecast of $36.20.

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