Super Micro Computer (NASDAQ:SMCI) plans to submit a plan by Monday that would allow it to continue trading on the Nasdaq Stock Market, Barron’s reported Friday, citing an unnamed source.  The artificial intelligence server company on Wednesday said in a filing with the US Securities and Exchange Commission that it needs more time to file its

Shares of Super Micro Computer (SMCI) hit a new 52-week low on Thursday morning as the AI-focused hardware company struggles with filing its quarterly report (Form 10-Q) for the period ending September 30.

Concerns about an upcoming deadline as well as fears of lost business opportunities have the stock sliding today. As of 10:40 a.m. ET, Supermicro shares were starting off the week down by 11.1%. That brings the monthly drop in the stock to about 53%.

Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, was one of the market's hottest AI stocks. The shares of the maker of high-end servers set a record high of $118.81 on March 13, representing a 5,080% gain over the previous four years.

September to come up with a plan to regain compliance with the stock exchange. Time is almost up. Investors in Super Micro Computer (Nasdaq: SMCI) may be wondering this week if there is any bottom.

As a software company, Palantir has best-in-class gross margins above 80%. This has enabled the company to expand its operating margin to around 12% over the past 12 months and 16% last quarter. As we will see, looking at Super Micro Computer can't compete with Palantir when it comes to the unit economics of its business.

While the fate of Super Micro Computer’s listing on the Nasdaq Stock Exchange hangs in the balance, a group acquired a large stake in the embattled servers maker. Three independent broker-dealers with common ownership—G1 Execution Services,