Super Micro’s Quarterly Results Disappoint, Shares Fall 15%
Super Micro, a leading provider of high-performance computers used to train artificial-intelligence models, has reported disappointing quarterly results. The company missed Wall Street estimates for fourth-quarter revenue and profit, citing increased competition from larger server makers like Dell Technologies and HP Enterprise. Shares plummeted 15% in extended trading, marking a sharp reversal after soaring 91% … Read more