The timing is brutal - SMCI already had the accounting restatement scandal in 2024, spent months fighting delisting, finally got somewhat rehabilitated in the AI infrastructure boom... and now this. 25% single-day drop on a company that was already trading at a discount to peers tells you the market was still pricing in tail risk. For anyone tracking institutional holdings - the 13F filings from Q4 showed several funds adding back SMCI after the accounting mess cleared up. Those bets just got very painful.

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b112 3 hours ago | parent [-]

Seems like a good buy now. They're still making and selling hardware.

	▲	bityard an hour ago \| parent \| next [-]
		For fun, I will sometimes buy trivial positions in solid companies whose stock price falls 8-10% or so due to some minor temporary bad press and then resell in a month or two when the news cycle forgets about them and price rebounds. I make a decent amount of play money this way. SMCI has a pattern of missteps over the years, I would not qualify them as a solid future bet. (And in case someone asks the question, no that is not a viable long-term strategy one's retirement savings because it's very much speculating and doesn't work AT ALL when the market is volatile or falling as a whole.)
	▲	pinkmuffinere 2 hours ago \| parent \| prev [-]
		You could be right. But reading the comments here it seems it's had 2-3 scandals in the last 4 years, which makes me suspect that more could be brought to light.