Super Micro stock plunges as $7 billion equity raise overshadows booming backlog
www.marketwatch.comUS Stock MarketJun 9, 2026, 10:17 PM
Super Micro Computer announced a $7B equity package ($1.25B stock + $3.75B convertible preferred + $2B ATM) to fund $39B in new AI server orders -- sending shares -9% AH on dilution fears. $6.8B negative FCF TTM. Follows Alphabet's $80B raise last week; Meta reportedly next.
4Jun 9, 2026, 11:44 PM