Super Micro Computer: Earnings Aren't As Bad As Everyone Thinks (Upgrade)

Super Micro Computer, Inc. (NASDAQ: SMCI ) aka "Supermicro" reported its fiscal Q4 '25 earnings yesterday evening, and the stock quickly saw a 20% slide . Going into earnings, shares were in the $58 range, and now inI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’ ...