Jim Cramer Was Right About Not Buying Super Micro’s (SMCI) Shares

Published on April 13, 2026 at 10:24 am by Ramish Cheema in News

Super Micro Computer Inc. (NASDAQ:SMCI) is one of the 20 Stocks Jim Cramer Wanted You To Sell & Immediately Get Out Of.

Super Micro Computer Inc. (NASDAQ:SMCI), the AI server manufacturer, was one of the most controversial stocks on the market in late 2024 and early 2025. Its shares are down by 36% over the past year and by 24% year-to-date. Since Cramer’s comments on Mad Money, Super Micro Computer Inc. (NASDAQ:SMCI)’s stock has lost 24%. Among several dips during this period, one occurred in August when the stock closed 18% lower on August 6th. On that day, the firm posted $5.76 billion in revenue and $0.41 in adjusted earnings per share. Both of these missed analyst estimates of $5.89 billion and $0.44. Similarly, Super Micro Computer Inc. (NASDAQ:SMCI)’s fiscal first-quarter revenue and earnings guidance also fell short of estimates. In 2026, the stock closed a whopping 33% lower on March 20th on the day the firm’s co-founder was charged with smuggling AI hardware to China. Here is what Cramer had said about Super Micro Computer Inc. (NASDAQ:SMCI) on January 14th:

“I have very strict rules in companies that have accounting issues and that is sell. It doesn’t matter. I don’t care, and that’s it. Accounting irregularities equals sell. It’s made me a lot more money and saved me a lot more than any of the rules that I have.”