Super Micro Computer stock drops 13% after announcing a $7 billion equity offering to fund $39 billion in AI server orders, raising dilution concerns.

Super Micro Computer Inc. (NASDAQ: SMCI) is bucking the broader selloff Monday, up ~4% as Nasdaq slides, reversing Friday's 8.5% drop.

Super Micro Computer plans to raise $7B through equity offerings to buy components for $39B in AI server orders from more than 20 customers.