Super Micro Computer Doesn't Preannounce Financial Results, and Stock Sinks
Super Micro ComputerSuper Micro Computer(US:SMCI) Investopedia·2024-04-19 18:16

Key TakeawaysSuper Micro Computer shares are plunging in intraday trading Friday after the artificial intelligence (AI) hardware maker didn't preannounce its third-quarter fiscal 2024 results.The company, which has been a darling of the AI sector, has preannounced in seven of the last eight quarters, often boosting its previous expectations.Shares of Super Micro Computer have been declining since hitting an all-time high last month. The recent slide in the stock price of Super Micro Computer (SMCI) accelera ...