Why Super Micro Computer Stock Was Tumbling Today
Super Micro Computer(US:SMCI) The Motley Fool·2024-08-07 19:14The AI server maker missed on the bottom line in its quarterly earnings report. Super Micro Computer (SMCI -19.38%) was having a rough day today after the artificial intelligence (AI) server maker reported another strong quarter of sales growth, but margins compressed faster than expected and it badly missed estimates on the bottom line. The stock was down 18% as of 1:54 p.m. ET on the news. Supermicro suddenly shows weakness Supermicro, as the company is also known, has been one of the best-performing stoc ...