Super Micro plunges as investors rotate out of red-hot AI stock ahead of earnings later this month

Shares of the server and computer infrastructure company are still up over 160% this year after jumping more than 245% in 2023.shares plunged 18% on Friday as investors scaled back their holdings of one of the market's hottest stocks ahead of earnings later this month.March, are still up about 168% this year after climbing 246% in 2023. The server and computer infrastructure company is a primary vendor foron Friday that it will report fiscal third-quarter results on April 30.

Bank of America says this chip stock is ready for its AI moment and to buy it before Thursday's eventCrimes and Courts

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