Super Micro Computer Stock Slumps After Revenue Miss, Guidance Boost on AI Demand

Key TakeawaysSuper Micro Computer shares tumbled in after-hours trading Tuesday after the server and data storage provider reported revenue that missed analysts' expectations despite more than doubling from the year-ago period. Net income and diluted earnings per share beat expectations, and Super Micro Computer raised its full-year revenue guidance, anticipating growth in demand for artificial intelligence.Super Micro Computer has been a beneficiary of the AI boom, with its stock more than tripling in valu ...