Tech Sector Selling

Super Micro Stock Falls Again. Why SMCI Investors Have More to Fear Than Most.

Super Micro Computer stock was falling ahead of the open Thursday along with broader tech-sector selling. The U.S. government charged co-founder Yih-Shyan “Wally” Liaw and two other individuals last month regarding an alleged plan to divert U.S.-assembled servers to China in a violation of export-control laws. The shares were pointing more than 3% lower in premarket trading Thursday after President Donald Trump’s address to the nation appeared to extinguish any hopes of a swift end of the Iran war.