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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Super Micro plans to raise $7 billion in capital to fulfill a $39 billion backlog of AI-related orders. Meanwhile, shares in a French technology company plummeted by over 40% following a report from Grizzly Research alleging a "fraudulent structure" in its U.S. operations. Trading of the French company's shares was subsequently suspended after the stock collapse triggered by these short-seller accusations.