10% on Super Micro Computer Tank Share Offer

Super Microcomputer logos are displayed at one of the world’s largest computer and technology trade shows on May 30, 2023 in Taipei, Taiwan.

Ann Wang | Reuters

Shares of Super Microcomputer fell on Tuesday after the company announced a new share offering, part of one of the biggest rallies linked to the rise of artificial intelligence.

The company said in a filing Tuesday morning that it plans to sell an additional 2 million shares of common stock, bringing its total shares outstanding to more than 58 million.

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