Super Micro Stock Falls as AI Sector Cools Off After Big Gains
• Super Micro Computer (SMCI) stock is down today despite no company-specific news, due to AI developments with Nvidia and SoundHound AI • Nvidia posted strong earnings but board members recently sold some shares, leading to a cool-off in investor enthusiasm • SoundHound AI stock has skyrocketed lately but was downgraded by an analyst today, also weighing on the AI sector • Super Micro likely falling in sympathy with the AI sector's momentum slowing down a bit recently • The text notes Super Micro's valuation may be dipping today as investors take a breather on hot AI stocks after huge runs