All of this halted spectacular momentum that had pushed the stock to a nearly 800% gain in the previous three years. Supermicro was one of the early winners of the artificial intelligence (AI) boom as it makes servers and other equipment critical to the operations of AI data centers.

Super Micro Computer shares dropped Tuesday as it approaches its filing deadline to avoid being removed from the Nasdaq.

SMCI, a popular AI-driven stock, boasts an attractive valuation and strong growth prospects but comes with risk. Click here to read more about SMCI stock.