Super Micro Computer stock sinks on $7 billion equity raise

Super Micro Computer stock sinks on $7 billion equity raise Ines Ferré · Senior Business Reporter Wed, June 10, 2026 at 2:40 PM GMT+2 1 min read What happened: Super Micro Computer ( SMCI ) stock was poised to decline as much as 12% at the open on Wednesday. What's behind the move: The AI server maker announced plans to raise approximately $7 billion through a combination of equity and equity-linked financing. Super Micro said that the capital will be used to purchase components to fulfill roughly $39 billion in AI server orders it received in recent weeks.

The move highlights the strong demand for AI-related hardware but also raises concerns about shareholder dilution. Shares of Super Micro extended declines from Tuesday, when shares dropped 12%. Year-to-date, the stock is up 38% amid a boom in AI server demand.

What else you need to know: Super Micro joins a growing list of companies raising cash in the public market in order to expand AI-related initiatives. Alphabet ( GOOG , GOOGL ) recently announced an $80 billion equity capital raise, which was later upsized to $84. 75 billion.

The company plans to use the money to expand its AI infrastructure and global compute capabilities. The capital raise comes ahead of major AI-related IPOs, including SpaceX ( SPAX. PVT ), Anthropic ( ANTH.

PVT ), and OpenAI ( OPAI. PVT ). Ines Ferre is a senior business reporter for Yahoo Finance.

Follow her on X at @ines_ferre . Click here for the latest technology news that will impact the stock market Read the latest financial and business news from Yahoo Finance Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .