BREAKING✦ Union cabinet celebrates PM Modi as he completes record 4,399 days in office✦ Stokes, Atkinson omitted from second Test as Root steps up as interim captain✦ Stokes, Atkinson dropped from 2nd ENG vs NZ Test after nightclub incident✦ New FIR against Abhishek Banerjee for 2018 attack on local Bengal BJP leader✦ Video: US Man Hides In Swamp During Police Chase, Alligator Finds Him✦ Union cabinet celebrates PM Modi as he completes record 4,399 days in office✦ Stokes, Atkinson omitted from second Test as Root steps up as interim captain✦ Stokes, Atkinson dropped from 2nd ENG vs NZ Test after nightclub incident✦ New FIR against Abhishek Banerjee for 2018 attack on local Bengal BJP leader✦ Video: US Man Hides In Swamp During Police Chase, Alligator Finds Him
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Super Micro Computer shares plunge 15% on plans to raise $7 billion in equity offerings

CJPN24 AI Desk••2 min read
Super Micro Computer shares plunge 15% on plans to raise $7 billion in equity offerings
Super Micro Computer shares plunge 15% on plans to raise $7 billion in equity offerings
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📋 News Brief — Summary from Livemint. Read the full story below.

Super Micro Computer's shares fell 15% to $36.50 on 10 June as investors reacted to plans for raising $7 billion through equity offerings to meet AI server demand.

The company aims to fulfill $39 billion in orders but faces cash flow and margin pressures.

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Source: Livemint

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