FILE PHOTO: Logos of Super Micro Computer are pictured at COMPUTEX Taipei, one of the world's largest computer and technology trade shows, in Taipei, Taiwan May 30, 2023. REUTERS/Ann Wang/File Photo
(Reuters) - Super Micro Computer disclosed on Tuesday it will sell 2 million shares that could fetch about $2 billion, sending the artificial intelligence (AI) server maker's shares about 12% lower.
The San Jose-based company's shares have more than tripled since January, which makes raising funds through sale of equity a lucrative option.
