Super Micro shares drop about 5% after recent rally
Super Micro Computer (SMCI) shares fell about 5% in morning trading Thursday, after the stock’s prior session advance and a larger recent rise.
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Nasdaq hits record high, AI optimism lifts stocks, Treasury yields retreat
The Nasdaq Composite Index closed at a record high on Monday, buoyed by advancements in AI technology and a rally in chip stocks, including AMD which reached a $1 trillion valuation. Treasury yields fell from recent peaks, and oil prices dropped, influenced by speculation of Middle East diplomatic progress.
SOXX ETF's Worst 2-Day Drop in Over a Year: These 3 Chip Stocks Now Screen with 50% Upside
The hottest trade of 2026 is showing cracks. Semiconductors, the year’s defining momentum bet, have reversed hard in two sessions with the sector benchmark — the iShares Semiconductor ETF (NASDAQ: SOXX ) — plunging 12.9%. • What is going on now with SOXX shares? The reading marks the sharpest two-day decline since Marc