Super Micro Computer, Inc. reported fiscal Q3 revenue of $10.2 billion and non-GAAP EPS of $0.84, missing revenue expectations by $2.25 billion. The company also issued a full-year revenue guidance of $38.9-40.4 billion, below the previous forecast of at least $40 billion. Despite strong AI demand, Super Micro faces challenges including unresolved control and trade-compliance issues, and reputational damage from a lost Oracle contract. These factors raise concerns about customer retention and backlog conversion, leading to uncertainty around execution and potential stock volatility moving forward.
Defiance's 2x leveraged ETFs on Super Micro Computer, one betting on price rises (SMCX) and the other on declines (SMCZ), have both suffered severe losses over the past year. This is due to the daily reset feature of leveraged ETFs, which causes vola...
Super Micro Computer (SMCI) has launched a 7.0% Series A Mandatory Convertible Preferred Stock (SMCIP), offering investors a hybrid of fixed income and equity exposure. The preferred stock pays a 7% cumulative annual dividend and will convert mandato...
This week, retail investors showed strong interest in five stocks: SpaceX, Micron Technology, Advanced Micro Devices (AMD), Uber Technologies, and Super Micro Computer. SpaceX shares surged after its IPO, closing 19.3% higher on the first day. Micron...
Super Micro Computer (SMCI) experienced a strong rally from $19.48 in March to $51.40 in early June before entering a bearish correction that dropped the price to $28.61. The 50-day moving average has now turned into resistance near $32.26, and recla...
Super Micro Computer, Inc. raised $5.5 billion through a highly dilutive equity offering, causing its stock price to drop sharply. Despite this, the company reported nearly $39 billion in new AI server orders from 20 customers, almost matching its re...
