By Callum Keown

Super Micro Computer stock fell early Thursday as the artificial-intelligence server maker's recent momentum looked set to stall.

The shares, trading under the ticker SMCI, pointed 0.4% lower ahead of the open after jumping more than 15% over the previous two sessions.

But the slip may be nothing too concerning for investors -- it's largely in line with broader market sentiment as futures on the tech-heavy Nasdaq Composite declined 0.1%. The stock is up 39% in 2025, the second-best performer in the S&P 500 over that period behind only CVS Health. In comparison the index has fallen 4.8% this year.

This week has shown the stock's resilience -- the shares have jumped in the past two sessions both with and without the support of broader tech rebound.

If Super Micro can turn it around and rise for a third consecutive day it could bode well for hopes that the stock might get closer to its 2025 high of around $60.

Write to Callum Keown at callum.keown@barrons.com

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March 13, 2025 07:19 ET (11:19 GMT)

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