"Cramer Curse Hits Super Micro Computer Before NVIDIA's Earnings"

1 min read
Source: Wccftech
"Cramer Curse Hits Super Micro Computer Before NVIDIA's Earnings"
Photo: Wccftech
TL;DR Summary

Super Micro Computer's shares surged over 1,000% in the past year, driven by its ties to NVIDIA and the AI industry, but suffered a 20% drop after a high-profile endorsement by Jim Cramer on CNBC's Mad Money show. The stock's rally was fueled by a gamma squeeze and zero-day-to-expiration options activity, leading to a vicious feedback loop. The fate of SMCI now hinges on NVIDIA's upcoming earnings announcement, with traders anticipating an 11% move in the stock's aftermath.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

91%

86078 words

Want the full story? Read the original article

Read on Wccftech