Super Micro’s $50 billion stock collapse underscores risk of AI hype

Super Micro Computer Inc., one of the world’s largest server makers, saw its stock value plummet by $50 billion, highlighting the potential danger of overhyped artificial intelligence (AI) products and stocks. The company’s stock price suffered due to allegations of manipulated sales figures and the discovery of microchips that reportedly were implanted by Chinese spies into their products, which were relayed by a highly contested Bloomberg report.

Investors were drawn to the company because of its stated involvement in AI, a