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Super Micro Computer May Have Avoided a Major Risk. Is This Beaten-Down Stock a Buy?
The Motley Fool· 2024-11-21 09:15
Super Micro Computer (SMCI -8.74%) started the year with plenty of promise. The stock soared 188% in the first half, even beating market darling Nvidia, thanks to its dominance in the artificial intelligence (AI) equipment market. Investors piled into the stock as the company reported record demand for its data center equipment from AI customers -- and that resulted in triple-digit revenue growth.But troubling news started to pile up a few months ago, halting Supermicro's fantastic momentum -- and the share ...
Super Micro's Compliance Plan: Is The Stock A Buy?
Forbes· 2024-11-20 10:00
POLAND - 2024/11/15: In this photo illustration, a Super Micro logo is displayed on a smartphone ... [+] with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSuper Micro Computer stock (NASDAQ: SMCI) surged by close to 40% in after-hours trading on Monday, following an announcement that it had hired a new public auditor and submitted a compliance plan to the Nasdaq stock exchange. The move is lik ...
Super Micro Computer: A Calculated Risk Worth Taking
Seeking Alpha· 2024-11-20 09:04
We bring a rigorous research-driven approach to uncovering high-conviction stocks with compelling growth potential across dynamic sectors like big tech, semiconductors, AI, and healthcare. Leveraging comprehensive sector insights, We analyze both low-risk and selective high-risk plays that have the potential to outperform. Each investment idea is backed by thorough research and strategic foresight, aimed at helping investors navigate today’s complex markets and secure strong returns. Follow for sophisticate ...
Why Supermicro Stock Is Up 30% Today
Investopedia· 2024-11-19 20:55
Key TakeawaysSupermicro's shares were up more than 30% in recent trading, extending a wild year that has seen both dramatic highs and steep declines.The company late yesterday issued a much-awaited announcement, naming a new auditor and filing a plan to avoid delisting by the Nasdaq.Despite today's jump, the stock is down 75% from its all-time highs in March. Shares of Super Micro Computer are flying today, though nowhere near their highs. The server maker’s shares were recently up more than 30% in Tuesday ...
Super Micro Computer Soars 28%: Is It Really Out of the Woods?
MarketBeat· 2024-11-19 17:16
One of the biggest debacles in the stock market is whether the technology sector will make it out alright after this quarter. Particularly, the semiconductor industry has grown to represent a larger share of the overall economy and stock market, so it makes names like Super Micro Computer Inc. NASDAQ: SMCI and its main supplier, NVIDIA Co. NASDAQ: NVIDIA, carry more pressure today than ever before. Super Micro Computer TodaySMCISuper Micro Computer$28.97 +7.43 (+34.49%) 52-Week Range$17.25▼$122.90P/E Ratio ...
Super Micro Computer Hires a New Auditor but Investors Shouldn't Celebrate Just Yet
The Motley Fool· 2024-11-19 16:36
The company isn't out of the woods yet.In today's video, I will be talking about recent updates regarding Super Micro Computer (SMCI 32.22%) and explain why investors shouldn't celebrate just yet. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 18, 2024. The video was published on Nov. 19, 2024. ...
Super Micro Computer Stock Soars. Is It Time To Jump Back In?
The Motley Fool· 2024-11-19 16:00
In today's video, I will be talking about recent updates regarding Super Micro Computer (SMCI 29.37%). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 18, 2024. The video was published on Nov. 18, 2024. ...
Supermicro Showcases Largest Portfolio of HPC-Optimized Multi-Node Systems at SuperComputing 2024
Prnewswire· 2024-11-19 14:05
"Since the release of the industry-first Twin systems back in 2007, Supermicro has consistently been a pioneer in developing the densest, most efficient multi-node architectures for HPC workloads," said Charles Liang, president and CEO of Supermicro. "The new FlexTwin houses either the Intel Xeon 6 processors with P-cores or the new AMD EPYC 9005 processors, giving customers the choice for their HPC racks scale deployments. The combination of Supermicro's liquid cooling experience, extensive multi-node dev ...
Super Micro Computer Stock Is Rebounding Today. Is It Time to Buy?
The Motley Fool· 2024-11-18 17:56
Super Micro Computer (SMCI 19.11%) stock has been in free fall for the last six months. A myriad of issues related to its accounting practices have spooked investors. After the company announced it would have to delay the release of its 10-K annual report for its fiscal 2024 ended June 30, it also faced the possibility of its stock being delisted from the Nasdaq Stock Exchange.It has now hit the deadline for a Nasdaq delisting, but today it is planning a filing that could result in the company avoiding bein ...
Supermicro Stock Extends Rally on Anticipation of Plan to Avoid Delisting
Investopedia· 2024-11-18 15:35
Key TakeawaysSuper Micro Computer shares rose in early trading Monday, extending their rally on anticipation the tech company is preparing to submit a plan to avoid being delisted.Barron's reported Friday that Supermicro was on track to file a plan with the stock exchange by Monday to remain listed.The gains come after Supermicro shares lost ground in recent months as it was accused of "accounting manipulation" and delayed the filing of its annual report. Shares of Super Micro Computer (SMCI) climbed in ear ...