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Super Micro Computer (SMCI) reported a 123% jump in revenue year-over-year (YOY) for fiscal Q3 2026, putting it among the fastest-growing AI infrastructure players right now. But even with that growth, the stock has spent much of 2026 under pressure as investors question its credibility.
On March 19, the U.S. Department of Justice charged three people linked to the company, including a co-founder and Senior VP, over an alleged $2.5 billion scheme involving restricted Nvidia AI chips shipped to China. The news wiped out 33.3% of the stock in a single day.
