Super Micro Computer: Delayed Annual Report Is A Major Red Flag - Sell
Super Micro Computer(US:SMCI) Seeking Alphaยท2024-08-29 03:53BlackJack3D It's been a volatile 2024 so far for shares of Super Micro Computer, Inc. or "Super Micro" (NASDAQ:SMCI) (NEOE:SMCI:CA). In tandem with NVIDIA Corporation or "Nvidia" (NVDA), the high-performance server and storage solutions provider has been widely viewed as a prime beneficiary of ballooning investments into generative AI. Yahoo Finance Indeed, sales have skyrocketed in recent quarters, but related working capital requirements have resulted in materially negative cash flow. In addition, the com ...