Yahoo Finance·2025-09-12 17:49Core Viewpoint - Supermicro (SMCI) has commenced mass deliveries of AI servers utilizing Nvidia's latest Blackwell Ultra chips, indicating a significant advancement in its AI infrastructure capabilities [1][2]. Group 1: Company Developments - The announcement of high-volume shipments of Blackwell-equipped servers highlights Supermicro's ability to quickly execute and meet enterprise demand for high-performance AI systems [2]. - The "pre-validated" nature of these solutions minimizes deployment friction for customers, positioning Supermicro as a preferred supplier for plug-and-play AI factories [3]. - Despite the positive news, SMCI stock has declined over 20% from its July high, reflecting ongoing market concerns [1]. Group 2: Financial Performance - Supermicro has revised its full-year revenue guidance down from $40 billion to $33 billion, raising concerns among potential investors [5]. - The company's forward price-earnings (P/E) ratio is approximately 21x, which is considered stretched compared to Nvidia's 43x [5]. Group 3: Market Sentiment - Wall Street firms are hesitant to recommend SMCI shares at current levels due to ongoing governance issues and financial reporting deficiencies acknowledged by the company [4][6].