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% this year. Analysts attribute the decline to customers being drawn away by servers offered by larger competitors due to their established customer base.
The company still projects revenue of at least $33 billion for fiscal year 2026, exceeding analysts’ average estimate of $29.94 billion. However, its adjusted earnings per share fell short of expectations.
This latest setback comes as Super Micro bounces back from accounting-related issues and faces intense competition in the server industry.
Source: https://www.reuters.com/business/super-micros-quarterly-results-underwhelm-shares-fall-2025-08-05