Shares of Super Micro Computer (NASDAQ: SMCI) were all over the stock charts today as the artificial intelligence (AI) stock was officially added to the S&P 500 index.

Supermicro, as the the maker of AI servers and storage equipment is known, initially jumped on the news, gaining as much as 7.4% at the open, but slid over the course of the morning, and was down 10% by 1:05 p.m. ET.

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Source Fool.com