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Fortune
Fortune
Leo Schwartz

AI company Super Micro rebounds despite short seller allegations and reported DOJ investigation

(Credit: Annabelle Chih—Getty Images)

Super Micro has had a rocky few weeks due to a short-seller investigation and a reported DOJ investigation. Nonetheless, shares for the AI hardware manufacturer rose more than 20% over the past day after the company announced it would be shipping 100,000 GPUs per quarter. The stock price has since dipped but remains at nearly 10% above where it started the week.

As the hype around the AI sector drives demand for related stocks, from manufacturers to utilities, and attracts billions of dollars’ worth of venture funding in private companies, Super Micro's recent success—which came after a dismal stretch—reflects investors' continued appetite, regardless of risks.

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