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Super Micro Computer stock was rising Tuesday as it looked to avoid a fourth straight loss. The server maker has suffer recently from an apparent unwinding of the artificial-intelligence trade.
Shares jumped 8.8% in afternoon trading. The stock was the second-best performer in the S&P 500 on Friday while the index dropped 0.9%. Shares are still up about 28% this year, but they are down about 67% from their all-time high set in March 2024.
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