Despite concerns from some investors, Super Micro says its business is still flourishing. Super Micro Computer (SMCI 14.18%) stock has been under pressure for the last several months. But an update from the company had shares soaring today. Investors have been concerned about dropping profit margins, questions about accounting practices, and the delay in Supermicro filing its 10-K annual report. However, the company says sales are still robust. Those issues have sent the stock down by 44% over the past thre ...

NEW YORK, Oct. 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 ask ...

SAN DIEGO, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Super Mirco Computer, Inc. (NASDAQ: SMCI) securities between August 10, 2021 and August 26, 2024. SMCI is an international company that develops, manufactures, and provides server and storage systems for various markets, including data centers, cloud computing, AI, 5G, and edge computing. For more information, submit a f ...

Super Micro Computer (SMCI) shares have jumped 46.2% year to date, outpacing the Zacks Computer – Storage Devices industry, the broader technology sector and the S&P 500 index's returns of 2.4%, 22.6% and 20%, respectively. This impressive performance can be attributed to the company's solid position in artificial intelligence (AI) infrastructure market. SMCI boasts technology and product leadership in Generative AI training and inferencing. The company's diversified AI portfolio and strong AI integrations ...

SAN FRANCISCO, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Super Micro Computer, Inc. (SMCI) is facing increasing scrutiny from analysts and investors, with Barclays Capital recently raising several concerns for the company. In a report published today, Barclays cited near-term margin pressures, uncertainty surrounding internal controls, and a lack of visibility on GB200 orders as key headwinds. These concerns are compounded by the ongoing investor class action lawsuits alleging securities fraud against Super Micro a ...

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Super Micro Computer, Inc. (NASDAQ: SMCI) between August 31, 2023 and August 28, 2024, both dates inclusive (the "Class Period"), of the October 28, 2024 lead plaintiff deadline in the securities class action first filed by the firm. SO WHAT: If you purchased Super Micro Computer securities during the Class Period you may be entitled to compensation without payment of any o ...

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NEW YORK, Oct. 03, 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 ask ...

Companies combine engineering and design expertise for next generation systems supporting Gen AI and HPC workloads for on-prem and cloud data centers and the promotion of green IT KAWASAKI, Japan and SAN JOSE, Calif., Oct. 2, 2024 /PRNewswire/ -- Fujitsu Limited and Supermicro, Inc. (NASDAQ: SMCI), today announced they will collaborate to establish a long-term strategic engagement in technology and business, to develop and market a platform with Fujitsu's future Arm-based "FUJITSUMONAKA" processor that is d ...

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- 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=106381&from=3 CLASS P ...