Be Wary of Super Micro Computer Stock Unless This Happens
Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, was one of the market's hottest AI stocks. The shares of the maker of high-end servers set a record high of $118.81 on March 13, representing a 5,080% gain over the previous four years.
Here's Why Super Micro Computer Stock Fell Again Monday
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%.
Super Micro Computer (SMCI) reportedly stumbles a 'huge' order of NVIDIA's new GB200 NVL72 AI chips, forcing a Taiwanese ...
Recent negative media coverage of US AI server companies ZT and Supermicro, both Nvidia clients, has raised supply chain ...
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Nvidia's Alleged Blow to Supermicro Could Be a Big Win for This Other Artificial Intelligence (AI) CompanyTo matters worse, Ernst & Young resigned as Supermicro's financial auditor due to concerns over the company's reporting. In the midst of these falling dominos, the company was expected to be a major ...
The hardware provider’s stock is down nearly 20%, its auditor quit last week, and it’s facing delisting. But this has all ...
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
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Dell's AI Server Momentum Strong As It Aims To Swipe Super Micro Market ShareInvestment bank Morgan Stanley on Monday raised its price target on Dell Technologies stock as it forecast potential market ...
Server equipment maker Supermicro has found itself in hot water, and its stock is getting hammered. But so far, the scandal ...
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being ...
YTL Group, Malaysia's largest conglomerate, has reportedly redirected its AI server orders from Supermicro to Wiwynn, a ...
Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.
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