ChristKitto
08-30

$SUPER MICRO COMPUTER INC(SMCI)$ Market participants should, thus, ignore the newsflash and focus on Super Micro’s fundamentals. Bears may argue that SMCI’s gross margins have dropped from more than 15% in fiscal years 2022-2023 to 11.2% in the fiscal fourth quarter of 2024. Yet it’s true that the company has notched $14.94 billion in sales for fiscal 2024, up 110% from a year ago. Super Micro’s earnings outlook for the current year looks encouraging due to an uptick in demand for graphic processing units and rack-scale solutions required for AI applications.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment