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Super Micro Computer Inc.’s management sought to reassure Wall Street about the health of its business on its latest conference call, but investors seem to be feeling even worse following the call.
(Reuters) -Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned ...
Super Micro expects first-quarter revenue of $5.9 billion to $6 billion, down from its previous guidance of $6 billion to $7 billion. Super Micro sees second-quarter revenue between $5.5 billion ...
Shares of Super Micro Computer (NASDAQ: SMCI), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor's ...
Investors continued to bail on Supermicro stock after its auditor quit. The situation is highly unusual and comes after a short-seller attack and a delay in its 10-K filing. The company is set to ...
Super Micro's sell-off continued Friday, with the stock dropping another 10%, bringing its losses for the week to 44%. The steepest plunge came Wednesday, after the company said it had lost its ...
Supermicro has seen its revenue and share price soar thanks to demand from artificial intelligence customers. In recent weeks, though, questions have arisen regarding the company’s accounting ...
Supermicro faces mounting financial scrutiny following the resignation of its auditor, Ernst & Young (EY), over corporate governance and transparency concerns. While supply chain partners have ...
Super Micro Computer (NASDAQ: SMCI) has been one of the early stars of the artificial intelligence (AI) boom. The maker of servers, workstations, and other equipment critical to data center ...
That’s the same conclusion Wall Street seems to have drawn about Super Micro Computer. The chip company—one of Nvidia’s biggest customers and once a darling of the AI boom—dropped more ...