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American Stock Story[2024]

SMCI Was A Key Theme Stock Leading AI Boom

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The delisting of SMCI Super Microcomputer Inc. may be a prelude to the collapse of the AI bubble.

"SMCI Was A Key Theme Stock Leading AI Boom With Nvidia, But It's Falling Bottomless Amid Accounting Manipulation Concerns" - Article.

Let's remember. It started with the bankruptcy of LTCM in 1998. Enron's fraudulent accounting in 2000. 2008 started with Lehman's bankruptcy. The Evergrande crisis began in 21 years.

Evergrande's default in September 2021 was also closely related to China's real estate crash and the coin crash, which later contributed to the stock market's decline.

In 2008, Lehman was the epicenter of the property bubble.

SMCI is one of the icons of this AI boom. The delisting of SMCI implies that the AI boom itself could be a huge scam.

There is a Heinrich's law. It is a law that minor accidents and signs must appear before any major accident occurs.

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