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Is Super Micro Computer, Inc. (SMCI) Among the 7 Cheapest AI Data Center Stocks to Buy Now?
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Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the 7 Cheapest AI Data Center Stocks to Buy Now. On March 24, 2026, the Wall Street Journal reported that Super Micro Computer, Inc. (NASDAQ:SMCI) is facing uncertainty when authorities arrested board member and co-founder Yih-Shyan “Wally” Liaw on charges of assisting in the smuggling of Nvidia chips into China, causing a sharp market reaction. The corporation’s shares plunged by roughly one-third on Friday following the announcement, even though it was not named a defendant in the case. An employee and a contractor have also been indicted in connection with the scheme. The firm’s outlook rests on maintaining access to Nvidia GPU allocations, which drive demand for its AI server business. Bernstein Research analysts said losing that supply would substantially disrupt operations, stressing the company’s reliance on Nvidia chips. NVIDIA stated that full compliance with export rules is its top priority, but it did not confirm future supply decisions. Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose on March 23, 2026, as broader markets recovered, although the stock is still down by 28.20% this year as of March 24, 2026, showing ongoing investor concerns about the situation. Image by Sergei Tokmakov www.thecorporateattorneys.com from Pixabay Super Micro Computer, Inc. (NASDAQ:SMCI) operates as a seller and developer of server and storage solutions based on modular and open-standard architecture across Europe, the United States, Asia, and internationally. It provides liquid and air-cooled AI servers; SuperStorage systems; embedded (5G/IoT/Edge) systems; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; Hyper, CloudDC, and WIO and rackmount systems; and MicroCloud server systems. While we acknowledge the potential of SMCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.