The Defiance Daily Target 2X Long SMCI ETF (SMCX), which uses swaps to double daily returns on Super Micro Computer (SMCI) stock, fell 22% on June 5, 2026, following an 11% drop in SMCI shares. This decline was driven by Broadcom's weaker-than-expected AI semiconductor revenue guidance and concerns over hyperscalers diversifying chip suppliers, which could reduce SMCI's market share. The leveraged ETF's structure causes it to magnify daily moves but suffer losses over time in volatile or downtrending markets, leading to a 67% loss over the past year despite SMCI's slight stock gains. Investors should view SMCX as a short-term trading vehicle rather than a long-term hold, especially given current market volatility and uncertain AI capital spending trends.
Last week, ETFs focused on single-stock options, crypto mining, and energy commodities delivered the highest returns. The YieldMax SMCI Option Income Strategy ETF topped the list with an 18.2% gain, driven by synthetic covered-call exposure on tech s...
Supermicro has unveiled its H15 server portfolio powered by 6th-generation AMD EPYC 9006 series CPUs, optimized for next-gen AMD Instinct GPUs and AMD Pensando networks. These servers offer up to 256 cores and 512 threads, delivering 1.7x performance...
Supermicro unveiled its H15 server portfolio powered by 6th Gen AMD EPYC 9006 Series CPUs and AMD Instinct GPUs, designed to enhance cloud, enterprise, storage, HPC, and AI workloads. These servers offer up to 256 cores, 512 threads, and significant ...
Super Micro Computer (SMCI) has been upgraded to a Buy rating due to renewed AI-driven capital expenditure and a strong preliminary Q4 business update. Despite revenue being at the lower end of guidance, SMCI's gross margin outlook of 15–17% and a $6...
Super Micro Computer (SMCI) remains one of the most affordable stocks for AI exposure, with preliminary guidance indicating strong potential for revenue and profit growth. Despite recent underperformance, the stock trades at a modest forward price-to...
