smci fomo here we come

https://finance.yahoo.com/markets/article/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog-223037795.html so is smci the next “ai picks and shovels” stock to get pumped up 40x? it’s up 18% after hours because the company reported improving margins and (wait for it) a "massive $60b backlog". this is a company with a long list of accounting and governance issues. to me, the fact that the market is willing to immediately look past all of that is another sign that we are in a serious ai bubble driven by speculation. who is actually buying this thing after hours? surely serious institutional investors aren’t buying this stock, ... right?