SMCI stock price decline on lowered Q1 outlook may be overdone: here's why
Core Viewpoint - Super Micro Computer Inc (NASDAQ: SMCI) experienced a nearly 8.0% decline in stock price following a downward revision of its Q1 revenue forecast, attributed to delays in customer delivery schedules for significant AI deals [1] Group 1 - The company revised its Q1 revenue forecast downward due to delays in customer delivery schedules [1] - The delays are specifically related to major AI deals, indicating potential challenges in the AI server market [1] - The stock market reaction reflects investor concern over the company's ability to meet revenue expectations in the face of these delays [1]