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NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to as ...

Is the tech stock headed lower, or could this sell-off create a great buying opportunity for investors? Super Micro Computer (SMCI -4.14%), also known as Supermicro, is in a tailspin. Hindenburg Research recently released a short-seller report about the tech company, alleging that it is once again involved in manipulating its numbers. That has put investors into panic mode. Supermicro's shares have been down more than 30% in the past month. Investors were already starting to grow concerned about artificial ...

NEW YORK , Sept. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI). Shareholders who purchased shares of SMCI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/super-micro-computer-inc-loss-submission-form/?id=100135&from=4 CLASS PERI ...

Summary of Super Micro Computer, Inc. Conference Call Company Overview - **Company**: Super Micro Computer, Inc. (NASDAQ: SMCI) - **Event**: Citi's 2024 Global TMT Conference - **Date**: September 4, 2024 - **Participants**: Mike Staiger (VP of Corporate Development), Krishna Shankar (VP of Finance and Investor Relations), Asiya Merchant (Citi Research) Key Industry Insights - **Demand Environment**: Super Micro reported a **110% year-over-year growth**, primarily driven by AI-related products, indicating robust demand in the market [4][10] - **Market Positioning**: The company believes it is leading in market share relative to peers, attributed to innovative products and technology [6][32] - **Customer Focus**: Conversations with customers revolve around reducing total cost per watt per compute cycle, emphasizing the need for more power-efficient and thermally efficient solutions [8][10] Core Business Strategies - **AI Demand**: The demand for AI solutions is broad-based, with enterprises increasingly testing large language models and industry-specific applications [10][30] - **Liquid Cooling Technology**: Super Micro is focusing on liquid cooling solutions to enhance performance and efficiency, with plans to ramp up production to **3,000 liquid-cooled racks by fiscal '25** [34][37] - **Competitive Advantage**: The company differentiates itself through its modular design, speed to market, and control over engineering and manufacturing processes [20][28] Financial Performance and Outlook - **Customer Concentration**: In fiscal '24, only one customer accounted for over 10% of revenue, indicating a broad customer base [30] - **Market Share**: Super Micro has achieved approximately **9% market share**, positioning itself as the second-largest player in its sector, with ambitions to become number one [32] - **Margins**: The company anticipates recovering margins to the corporate average range of **14% to 17%** as it scales its liquid cooling technology and addresses cost inefficiencies [35][36] Challenges and Considerations - **Supply Chain Issues**: The supply environment for GPUs is improving but remains a challenge, particularly for liquid cooling components [16][18] - **Transition to Liquid Cooling**: There are obstacles in transitioning data centers to liquid cooling, including the need for architectural changes and space considerations [38][39] - **Investment in Capacity**: Super Micro is heavily investing in capacity to meet the anticipated demand for AI and liquid cooling solutions [37][40] Additional Insights - **Innovation Pace**: The company believes its pace of innovation is underestimated, with a strong focus on developing unique solutions tailored to customer needs [49] - **Future Growth**: Super Micro is optimistic about its growth trajectory, driven by the increasing demand for AI and efficient computing solutions [10][30] This summary encapsulates the key points discussed during the conference call, highlighting Super Micro's strategic positioning, market dynamics, and future outlook in the tech hardware industry.

Is this a buying opportunity for investors interested in the server systems specialist? Shares of Super Micro Computer (SMCI -4.54%) fell 37.6% in August, according to data from S&P Global Market Intelligence. The server systems builder took two heavy hits last month, and shares are now trading 64% below the peak they reached in March. Market-moving news First, Supermicro reported its fiscal 2024 fourth-quarter results on Aug. 6. Earnings came up far short of both Wall Street's consensus estimates and manag ...

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Super Micro Computer, Inc. ("Super Micro" or "the Company") (NASDAQ: SMCI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acqui ...

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired Super Micro Computer, Inc. ("Super Micro" or the "Company") (NASDAQ: SMCI) securities between February 2, 2021 and August 26, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors ...

Are the recent declines a buying opportunity or early signs of a deeper problem? Along with chipmaker Nvidia, Super Micro Computer (SMCI 2.59%) has been one of the biggest beneficiaries of the generative artificial intelligence boom, helping turn AI chips into user-ready servers. However, after rising by over 2,200% over the last five years, the company's share price growth has begun to stall. Let's dig deeper to determine if it's time to buy the dip or run for the hills. Second-quarter earnings exposed pro ...

Super Micro released an SEC filing late Friday afternoon with some interesting wording about its current accusations. In today's video, I discuss recent updates affecting Super Micro Computer (SMCI 3.00%). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Aug. 30, 2024. The video was published on Sept. 2, 2024. ...