for conspiring to smuggle $NVDA chips to China.. sigh 
Super Micro Computer stock is collapsing today. Investors flee as DOJ charges cofounder in AI China scheme
People connected to the server company have been charged with conspiring to deliver restricted tech to China. Supermicro is not named as a defendant.
The Captain
So, you’re a buyer today, Cap?
It’s hard to imagine that something worth doing at this scale would not have been detected at multiple levels throughout the company. The CEO slips a couple chips in his pocket on a trade mission to Beijing? Sure. $2.5 billion chips? Those gonna be some heavy pockets.
The Captain
Lots of buying opportunities out there in the tech area. I decided to buy more Nvidia at $172, its recent support level. Investors reluctant to bid it higher thinking the data center boom will end and earnings may fall. PE continues to fall each time they report outstanding earnings.
Playing the cycle over the $172 to $212 band looks interesting.
Lots of memory stocks doing well now hit hard. Micron, Sandisk, Western Digital, Seagate–all tied to AI buildout. Will earnings slow?
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