Super Micro Computer (SMCI) Trades 48% Below Analyst Targets After Indictment Selloff
The company beat estimates with $12.68 billion in revenue and $0.69 in adjusted EPS, but legal risks tied to export controls continue to weigh on shares.
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Super Micro Computer (SMCI) Trades 48% Below Analyst Targets After Indictment Selloff
The post Super Micro Computer (SMCI) Trades 48% Below Analyst Targets After Indictment Selloff appeared first on 24/7 Wall St.. Quick Read Super Micro Computer (SMCI) trades at $23.37 against an analyst target of $34.53, a 48% discount driven primarily by governance concerns. The company posted 123.4% YoY revenue growth and $13 billion in Blackwell Ultra orders. NVIDIA (NVDA) supplies the vast majority of Supermicro’s GPU-centric revenue, but …
Super Micro Computer Stock Surges 7% as AI Server Demand Fuels Rebound Despite Ongoing Legal
Super Micro Computer Inc. shares jumped more than 7% in morning trading Friday, climbing to $24.93 as investors appeared to look past recent governance and legal concerns and focused instead on the company's explosive growth in AI-optimized servers amid unrelenting demand from hyperscalers building massive data center infrastructure.
Super Micro Launches Probe, Internal Compliance Review of Alleged Export Violations
U.S. electronics manufacturer Super Micro said it launched an investigation April 7 into the alleged export control violations committed by a former executive and two associates, who were charged by DOJ in March with conspiring to ship advanced AI chips...
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