Super Micro Computer (SMCI) Stock Dips in Warning for AI Rally

Super Micro Computer (NASDAQ:SMCI) missed its revenue estimate slightly, sending SMCI stock down 10% in pre-market trading.Net income of $492 million, $6.56 per share fully diluted, and revenue of $3.85 billion weren’t good enough. Analysts wanted $3.86 billion in sales.Super Micro was due to open this morning at $775 per share, a market capitalization of about $45 billion. SMCI stock was trading for over $900 per share early yesterday.Balloon Pops?Even though SMCI CEO Charles Liang insisted that the busine ...