10% on Super Micro Computer Tank Share Offer

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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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