Concerns about an upcoming deadline as well as fears of lost business opportunities have the stock sliding today. As of 10:40 a.m. ET, Supermicro shares were starting off the week down by 11.1%. That brings the monthly drop in the stock to about 53%.

Server maker Super Micro Computer has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.

Super Micro Computer Stock Has Dropped 60% on Troubling News. Here's What You Need to Know After the Company's Latest Update.

Super Micro Computer (NASDAQ: SMCI) is one player that's been a direct beneficiary of Nvidia's booming GPU business over the last two years. However, some recent reporting suggests that Nvidia may be migrating away from its reliance on Supermicro's IT infrastructure and looking for partnerships elsewhere.