Billionaire Philipe Laffont sells SMCI stock to load up on old tech name

philipe laffont sells smci stock to buy oracle stock [https://invezz.com/wp-content/uploads/2025/06/644e6fc8-8fcb-4dd1-adc3-95180cfa5670_11zon.jpg] Super Micro Computer Inc (NASDAQ: SMCI) remains in focus today after Coatue Management founder Philipe Laffont revealed he’s pulled out of AI server company. In its place, the hedge fund manager has made a substantial investment in a legacy tech company with deep roots in enterprise software and cloud infrastructure. While Supermicro shares successfully avoided a delisting threat in 2025 – they have not been particularly exciting for investors in recent months. At the time of writing, the AI stock is down roughly 30% versus its July high. WHY LAFFONT UNLOADED SMCI STOCK Super Micro Computer has been riding the AI wave, but not without turbulence. In mid-2024, the company faced allegations from Hindenburg Research, which raised concerns about its accounting practices and executive rehiring decisions. Although Supermicro ultimately filed its annual report without restating financials, the damage to investor confidence lingered. Add to that weaker-than-expected earnings and guidance in August – partly due to tariff-related constraints and shifting customer specs – and the SMCI stock narrative became more complicated.…