Short seller Hindenburg takes aim at AI hype, sinks two companies' stocks
Briefly

Hindenburg Research's recent reports targeting Super Micro and iLearningEngines signal significant bubble fears in the AI sector, as investor caution intensifies.
Super Micro's dubious practices, including previous SEC charges for 'widespread accounting violations,' raise concerns about transparency and accountability within the company.
Hindenburg’s action demonstrates how activist short-sellers aim to capitalize on perceived overvaluation, warning investors of an impending correction in the AI stock market.
The dropping stock prices of companies like Nvidia, despite strong earnings, indicate a growing skepticism among institutional investors about the sustainability of AI hype.
Read at Fortune
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