Mikinyaa personal page - To The Moon

Mikinyaa

Mikinyaa

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05-12 16:35

$三倍做多半导体ETF-Direxion Daily(SOXL)$

03-18

$2倍做多MU ETF-Direxion(MUU)$

03-13

$2倍做多NVDA ETF-GraniteShares(NVDL)$

01-15

$三倍做多半导体ETF-Direxion Daily(SOXL)$ 🚀

2025-08-02

$超微电脑(SMCI)$ [财迷]

2025-07-09

$三倍做多半导体ETF-Direxion Daily(SOXL)$

2025-06-23

This aged like fine milk

Movement Interpretation | Circle's share price plunged 5.11% in night trading, or affected by U.S. regulatory uncertainty

2025-06-19

$CoreWeave, Inc.(CRWV)$

2025-06-19

$Circle Internet Corp.(CRCL)$

2025-06-15

$Circle Internet Corp.(CRCL)$

2025-06-10

$三倍做多半导体ETF-Direxion Daily(SOXL)$ nice

2025-05-29

$三倍做多半导体ETF-Direxion Daily(SOXL)$ [财迷]

2025-05-22

$CoreWeave, Inc.(CRWV)$

2025-05-15

$三倍做多半导体ETF-Direxion Daily(SOXL)$

2025-05-12

$iShares费城交易所半导体ETF(SOXX)$

2025-04-10

$三倍做多半导体ETF-Direxion Daily(SOXL)$

2025-03-27

$超微电脑(SMCI)$ [财迷]

2025-03-27

🤡

Ultra Micro Computer Highlight Moment Coming Over? Goldman Sachs shouts "Sell"!

2024-12-27

🤡

Sorry, the original content has been removed

2024-12-24

🤡🤡🤡

Super Micro Computer: The Stock That's Doomed To Fail

Go to Tiger App to see more news

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</a>&nbsp;[财迷]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/SMCI\">$超微电脑(SMCI)$ </a>&nbsp;[财迷]&nbsp;&nbsp;","text":"$超微电脑(SMCI)$ [财迷]","images":[{"img":"https://community-static.tradeup.com/news/25531f9b270344d7d61581947309dca9","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/463331492106864","isVote":1,"tweetType":1,"viewCount":2399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":454466088325824,"gmtCreate":1751991220491,"gmtModify":1751991223778,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a>&nbsp;","text":"$三倍做多半导体ETF-Direxion Daily(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/600c22c60388761482da29712bb472f2","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/454466088325824","isVote":1,"tweetType":1,"viewCount":2657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":449080582848824,"gmtCreate":1750665069749,"gmtModify":1750665073579,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"This aged like fine milk","listText":"This aged like fine milk","text":"This aged like fine milk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/449080582848824","repostId":"1176564486","repostType":2,"repost":{"id":"1176564486","kind":"news","weMediaInfo":{"introduction":"个股异动一手消息解读","home_visible":1,"media_name":"异动解读","id":"1092702339","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1750637078,"share":"https://ttm.financial/m/news/1176564486?lang=en_US&edition=fundamental","pubTime":"2025-06-23 08:04","market":"us","language":"zh","title":"Movement Interpretation | Circle's share price plunged 5.11% in night trading, or affected by U.S. regulatory uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=1176564486","media":"异动解读","summary":"据报道，稳定币发行公司Circle Internet Corp. 在周日夜盘交易中股价大跌5.11%。这一异常走势可能与近期美国加密货币市场的监管环境有关。分析显示，尽管欧洲加密市场在MiCA框架下呈现增长态势，美国市场却面临监管不确定性的挑战。这种市场表现差异可能源于美国持续的监管不确定性。这种不确定性可能影响了投资者对Circle等美国加密货币公司的信心，导致其股价在非常规交易时段出现大幅波动。","content":"<p>Shares of Circle Internet Corp. (CRCL), a stablecoin issuer, reportedly plunged 5.11% in Sunday night trading. This unusual move may be related to the recent regulatory environment in the U.S. cryptocurrency market.</p><p>The analysis shows that although the European crypto market is showing a growing trend under the MiCA framework, the US market is facing the challenge of regulatory uncertainty. According to Paybis co-founder Konstantins Vasilenko, in the first quarter of 2025 after the MiCA regulation came into effect, transaction volumes for EU customers increased 70% quarter-on-quarter. In contrast, retail trading activity is trending downward in the U.S. market, with just 18% of Coinbase's spot trading volume coming from retail investors, down from 40% in 2021.</p><p>This market performance discrepancy may stem from ongoing regulatory uncertainty in the United States. While U.S. President Trump and members of his administration have made pro-cryptocurrency rhetoric, no comprehensive federal crypto legislation has yet been introduced. This uncertainty may have affected investor confidence in U.S. cryptocurrency companies such as Circle, causing their shares to swing significantly during unusual trading hours.</p>","source":"ai_movement_cn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Interpretation | Circle's share price plunged 5.11% in night trading, or affected by U.S. regulatory uncertainty</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Interpretation | Circle's share price plunged 5.11% in night trading, or affected by U.S. regulatory uncertainty\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092702339\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">异动解读 </p>\n<p class=\"h-time smaller\">2025-06-23 08:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Shares of Circle Internet Corp. (CRCL), a stablecoin issuer, reportedly plunged 5.11% in Sunday night trading. This unusual move may be related to the recent regulatory environment in the U.S. cryptocurrency market.</p><p>The analysis shows that although the European crypto market is showing a growing trend under the MiCA framework, the US market is facing the challenge of regulatory uncertainty. According to Paybis co-founder Konstantins Vasilenko, in the first quarter of 2025 after the MiCA regulation came into effect, transaction volumes for EU customers increased 70% quarter-on-quarter. In contrast, retail trading activity is trending downward in the U.S. market, with just 18% of Coinbase's spot trading volume coming from retail investors, down from 40% in 2021.</p><p>This market performance discrepancy may stem from ongoing regulatory uncertainty in the United States. While U.S. President Trump and members of his administration have made pro-cryptocurrency rhetoric, no comprehensive federal crypto legislation has yet been introduced. This uncertainty may have affected investor confidence in U.S. cryptocurrency companies such as Circle, causing their shares to swing significantly during unusual trading hours.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCL":"Circle Internet Corp."},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176564486","content_text":"据报道，稳定币发行公司Circle Internet Corp.（CRCL）在周日夜盘交易中股价大跌5.11%。这一异常走势可能与近期美国加密货币市场的监管环境有关。\n分析显示，尽管欧洲加密市场在MiCA框架下呈现增长态势，美国市场却面临监管不确定性的挑战。据Paybis联合创始人Konstantins Vasilenko透露，MiCA法规生效后的2025年第一季度，欧盟客户的交易量环比增长了70%。相比之下，美国市场的散户交易活动呈下降趋势，Coinbase现货交易量中仅18%来自散户，低于2021年的40%。\n这种市场表现差异可能源于美国持续的监管不确定性。虽然美国总统特朗普及其政府成员发表了支持加密货币的言论，但尚未出台全面的联邦加密立法。这种不确定性可能影响了投资者对Circle等美国加密货币公司的信心，导致其股价在非常规交易时段出现大幅波动。","news_type":1,"symbols_score_info":{"CRCL":1}},"isVote":1,"tweetType":1,"viewCount":1932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":447521607979656,"gmtCreate":1750295969763,"gmtModify":1750295972813,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/CRWV\">$CoreWeave, Inc.(CRWV)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/CRWV\">$CoreWeave, Inc.(CRWV)$ </a>&nbsp;","text":"$CoreWeave, 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[财迷]","images":[{"img":"https://community-static.tradeup.com/news/7fa9b71ab39963e74a1406fb6afc9d5c","width":"1903","height":"1839"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/418164982767912","isVote":1,"tweetType":1,"viewCount":1680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":418094312509680,"gmtCreate":1743085352758,"gmtModify":1743085355108,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"🤡","listText":"🤡","text":"🤡","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/418094312509680","repostId":"2522097743","repostType":2,"repost":{"id":"2522097743","kind":"news","pubTimestamp":1742891055,"share":"https://ttm.financial/m/news/2522097743?lang=en_US&edition=fundamental","pubTime":"2025-03-25 16:24","market":"us","language":"zh","title":"Ultra Micro Computer Highlight Moment Coming Over? Goldman Sachs shouts \"Sell\"!","url":"https://stock-news.laohu8.com/highlight/detail?id=2522097743","media":"金十数据","summary":"高盛分析师对超微电脑持谨慎态度，并于周一下调其股票评级至“卖出”，警告该公司可能会在人工智能服务器市场中逐渐失去领先优势。高盛目前对超微电脑的12个月目标价为32美元，较此前的40美元有所下调。高盛数据显示，超微电脑的毛利率在2023财年达到峰值约18%，而在2024财年降至13.9%。由于AI服务器供应增加，超微电脑“已提及因竞争性定价带来的毛利压力。”此外，Ng对超微电脑2026财年实现400亿美元收入的预期持怀疑态度。","content":"<p><html><body><article><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Analysts' opinion<a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a>(SMCI.O) was cautious and downgraded its stock to \"sell\" on Monday, warning that the company could gradually lose its lead in the artificial intelligence (AI) server market.</p><p>The analyst team, led by Michael Ng, noted that despite the surge this year, Advanced Micro Computer (SMCI.O) could face downside risks in the future,<strong>The main reasons include increased competition, pressure on its already low gross profit margin, and</strong>The differentiation of AI server products is reduced.</p><p>\"Increased competition from OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) suppliers may lead to less product differentiation and increased price pressure,\" Ng wrote in a note to customers.</p><p>Goldman Sachs currently has a 12-month price target of $32 for Supermicro Computer, which is down from the previous $40.<strong>The new price target is approximately below current levels</strong>24%。</p><p>Analysts noted,<a href=\"https://laohu8.com/S/DELL\">Dell</a>(DELL.N)' s AI server business revenue grew to $9 billion in 2024, a significant increase from $2 billion in 2023, and is expected to exceed $15 billion in 2025. In addition,<a href=\"https://laohu8.com/S/HPQ\">HP</a>(HPQ.N) reportedly has secured a $1 billion order for AI servers from social media platform X.</p><p>\"The risk of increased competition is particularly prominent, as Super Micro generated 58% of its revenue in the last quarter from just two customers,\" Ng added.</p><p>Ng's concerns and last week's<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>The analyst expressed a similar view, but he additionally pointed to concerns about the company's future gross margin.</p><p>According to Goldman Sachs data, Advanced Microcomputer's gross margin peaked at about 18% in fiscal 2023 and fell to 13.9% in fiscal 2024.<strong>Ng</strong>The figure is forecast to fall to 12% in fiscal 2025 and could slide further to 11% in fiscal 2029.</p><p>Due to the increased supply of AI servers, Advanced Micro Computer \"has mentioned the impact of competitive pricing<span>Gross profit</span>Pressure. \" Ng said in the report. He pointed out that gross profits have been affected by<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVDA.O) the impact of the transition of the Hopper platform to the latest Blackwell product line, which initially experienced delays.</p><p>Additionally, Ng is skeptical of Supermicro Computer's expectation to achieve $40 billion in revenue in fiscal 2026.<strong>He predicts the company's revenue will reach</strong>32 billion, \"reflecting our expectations of increased competition in the market.\"</p><p></article></body></html></p>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ultra Micro Computer Highlight Moment Coming Over? Goldman Sachs shouts \"Sell\"!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUltra Micro Computer Highlight Moment Coming Over? Goldman Sachs shouts \"Sell\"!\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2025-03-25 16:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Analysts' opinion<a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a>(SMCI.O) was cautious and downgraded its stock to \"sell\" on Monday, warning that the company could gradually lose its lead in the artificial intelligence (AI) server market.</p><p>The analyst team, led by Michael Ng, noted that despite the surge this year, Advanced Micro Computer (SMCI.O) could face downside risks in the future,<strong>The main reasons include increased competition, pressure on its already low gross profit margin, and</strong>The differentiation of AI server products is reduced.</p><p>\"Increased competition from OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) suppliers may lead to less product differentiation and increased price pressure,\" Ng wrote in a note to customers.</p><p>Goldman Sachs currently has a 12-month price target of $32 for Supermicro Computer, which is down from the previous $40.<strong>The new price target is approximately below current levels</strong>24%。</p><p>Analysts noted,<a href=\"https://laohu8.com/S/DELL\">Dell</a>(DELL.N)' s AI server business revenue grew to $9 billion in 2024, a significant increase from $2 billion in 2023, and is expected to exceed $15 billion in 2025. In addition,<a href=\"https://laohu8.com/S/HPQ\">HP</a>(HPQ.N) reportedly has secured a $1 billion order for AI servers from social media platform X.</p><p>\"The risk of increased competition is particularly prominent, as Super Micro generated 58% of its revenue in the last quarter from just two customers,\" Ng added.</p><p>Ng's concerns and last week's<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>The analyst expressed a similar view, but he additionally pointed to concerns about the company's future gross margin.</p><p>According to Goldman Sachs data, Advanced Microcomputer's gross margin peaked at about 18% in fiscal 2023 and fell to 13.9% in fiscal 2024.<strong>Ng</strong>The figure is forecast to fall to 12% in fiscal 2025 and could slide further to 11% in fiscal 2029.</p><p>Due to the increased supply of AI servers, Advanced Micro Computer \"has mentioned the impact of competitive pricing<span>Gross profit</span>Pressure. \" Ng said in the report. He pointed out that gross profits have been affected by<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVDA.O) the impact of the transition of the Hopper platform to the latest Blackwell product line, which initially experienced delays.</p><p>Additionally, Ng is skeptical of Supermicro Computer's expectation to achieve $40 billion in revenue in fiscal 2026.<strong>He predicts the company's revenue will reach</strong>32 billion, \"reflecting our expectations of increased competition in the market.\"</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025032516241797227192&s=b\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4588":"碎股","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0096364046.USD":"CT (LUX) I 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(USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","GS":"高盛","BK4127":"投资银行业与经纪业","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0106831901.USD":"贝莱德世界金融基金A2","SMCI":"超微电脑","BK4516":"特朗普概念","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","BK4504":"桥水持仓"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025032516241797227192&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2522097743","content_text":"高盛分析师对超微电脑(SMCI.O)持谨慎态度，并于周一下调其股票评级至“卖出”，警告该公司可能会在人工智能（AI）服务器市场中逐渐失去领先优势。由Michael Ng领导的分析师团队指出，尽管超微电脑(SMCI.O)今年股价大涨，但未来可能会面临下跌风险，主要原因包括竞争加剧、其本就偏低的毛利率承压，以及AI服务器产品的差异化减少。“来自OEM（原始设备制造商）和ODM（原始设计制造商）供应商的竞争加剧，这可能导致产品差异化减少，并加大价格压力。”Ng在给客户的报告中写道。高盛目前对超微电脑的12个月目标价为32美元，较此前的40美元有所下调。新目标价较当前水平低约24%。分析师指出，戴尔(DELL.N)的AI服务器业务收入在2024年增长至90亿美元，相较2023年的20亿美元大幅提升，并预计2025年将超过150亿美元。此外，惠普(HPQ.N)reportedly已获得社交媒体平台X一份价值10亿美元的AI服务器订单。“竞争加剧的风险尤为突出，因为Super Micro在上个季度的收入中，有58%来自仅两家客户。”Ng补充道。Ng的担忧与上周摩根大通分析师表达的观点类似，但他额外指出了对公司未来毛利率的担忧。高盛数据显示，超微电脑的毛利率在2023财年达到峰值约18%，而在2024财年降至13.9%。Ng预测该数据将在2025财年降至12%，并可能在2029财年进一步下滑至11%。由于AI服务器供应增加，超微电脑“已提及因竞争性定价带来的毛利压力。”Ng在报告中表示。他指出，毛利受到了从英伟达(NVDA.O)Hopper平台过渡至最新Blackwell产品线的影响，而这一过渡最初还曾经历延迟。此外，Ng对超微电脑2026财年实现400亿美元收入的预期持怀疑态度。他预测该公司的收入将达到320亿美元，“反映出我们对市场竞争加剧的预期。”","news_type":1,"symbols_score_info":{"SMCI":1,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385810220921352,"gmtCreate":1735232593404,"gmtModify":1735232596444,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"🤡","listText":"🤡","text":"🤡","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385810220921352","repostId":"2494837705","repostType":2,"isVote":1,"tweetType":1,"viewCount":2250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385078762451392,"gmtCreate":1735054012529,"gmtModify":1735054015804,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"🤡🤡🤡","listText":"🤡🤡🤡","text":"🤡🤡🤡","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385078762451392","repostId":"1181162347","repostType":2,"repost":{"id":"1181162347","kind":"news","pubTimestamp":1735033114,"share":"https://ttm.financial/m/news/1181162347?lang=en_US&edition=fundamental","pubTime":"2024-12-24 17:38","market":"us","language":"en","title":"Super Micro Computer: The Stock That's Doomed To Fail","url":"https://stock-news.laohu8.com/highlight/detail?id=1181162347","media":"Seeking Alpha","summary":"SummarySuper Micro Computer lost more than half of its value in the last six months.The company is currently in the middle of an accounting scandal that could result in the delisting of its stock from","content":"<html><head></head><body><h2 id=\"id_3899041729\">Summary</h2><ul style=\"\"><li><p>Super Micro Computer lost more than half of its value in the last six months.</p></li><li><p>The company is currently in the middle of an accounting scandal that could result in the delisting of its stock from Nasdaq.</p></li><li><p>Even if Super Micro Computer overcomes all the current challenges that it faces, its upside could still be limited because of the recent poor performance of its business.</p></li></ul><p>The accounting scandal that began a few months ago has tarnished <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a>’s stock, which is currently trading close to its 52-week lows. Although some might think that the worst for the company is behind it, we believe that any potential upside is not worth opening a position at this stage. Super Micro still faces some major risks that in our opinion make its stock uninvestable right now.</p><h2 id=\"id_1730226959\">This Has Been A Rollercoaster</h2><p>After the impressive performance in the first half of 2024, Super Micro’s stock lost all of its momentum in the second half of the year and depreciated by over 50% in the last six months. The real troubles first started in late August when a popular research firm Hindenburg published a bearish report on the company. In the report, Hindenburg accused Super Micro of failing to comply with the sanctions and export controls and highlighted various governance-related issues. The report also stated that Super Micro is engaged in <em>continued proper revenue recognition</em>. This is something that the company was already doing in the past and it resulted in the delisting of its stock from Nasdaq in 2018 and a charge by the Security and Exchange Commission in 2020.</p><p>Shortly after the report was released, the U.S. Department of Justice opened a probe against the company that is still ongoing. After that, Super Micro’s auditor Ernst &amp; Young resigned, which spooked the market and prevented the company from releasing its earnings report on time. This has led to Nasdaq sending Super Micro a non-compliance letter, which created a new delisting risk. Following all of that, Super Micro was also removed from the Nasdaq 100 and its stock continues to trade in a distressed territory.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6722ddfb7b5165bd704a94eed7e38fbd\" alt=\"Super Micro’s performance\" title=\"Super Micro’s performance\" tg-width=\"640\" tg-height=\"259\"/><span>Super Micro’s performance</span></p><p>The good thing for Super Micro in all of this is that Nasdaq extended the reporting time for the company, which now needs to release all the missing quarterly and annual filings by February 25, 2025. If that doesn’t happen, then we’ll likely see a delisting of its shares from the exchange like it was a few years ago.</p><p>However, even if there have been no wrongdoings and Super Micro overcomes all the current legal and regulatory challenges, the upside for its shares could still be limited.</p><p>Last month, the company already released its preliminary Q1 earnings results, which showed that its revenues are expected to be between $5.9 billion and $6 billion. This is below the Wall Street consensus of $6.79 billion and also below the company’s initial guidance of between $6 billion and $7 billion. If the final report for the period comes out with the same numbers, then the disappointing sales numbers along with the inability to reach its own forecast might indicate that Super Micro’s growth opportunities are limited.</p><p>From the publicly available reports, we know that Elon Musk’s xAI firm recently started to pull orders for the AI servers from Super Micro to Dell (DELL). It appears that Nvidia (NVDA) has been doing the same thing recently, while Citi (C) named Dell and HP Enterprise (HPE) as the biggest winners in this situation. Even Super Micro’s preliminary outlook for Q2 indicates that the company is expected to generate only between $5.5 billion and $6.1 billion in revenues, below the consensus of $6.79 billion. There are also reports that Super Micro is now looking to raise additional capital, which suggests that the company might have liquidity issues as orders are being canceled. This is why the company’s upside indeed could be limited even if Super Micro overcomes all the challenges that it currently faces.</p><h2 id=\"id_4134804721\">Potential Upside Ahead?</h2><p>There are still several positive things that need to be considered. After the accounting scandal happened, Super Micro launched an internal investigation, which found no misconduct. More importantly, Super Micro agreed with the recommendation of the committee behind the investigation to replace its CFO and said that it doesn’t expect any restatement of its previous earnings reports.</p><p>Super Micro has also hired BDO USA as its new auditor to review the company’s financial data and approve all the necessary earnings reports before February 25. If the reports come out on time, then Super Micro would likely be able to avoid delisting, which could give a boost to the share price despite the disappointing performance of the business in the recent quarter.</p><p>In addition, as the AI-server market is expected to grow by 55% and be worth $252 billion next year, Super Micro might have an opportunity to improve its performance next year and exceed the expectations that were recently given by the company along with the preliminary data. This could also boost the share price next year.</p><h2 id=\"id_2218143786\">The Real Value of Super Micro Computer</h2><p>When it comes to valuing Super Micro, we used the currently available data that the company previously reported due to the lack of alternatives. This is something that investors need to keep in mind in light of the recent accounting scandal.</p><p>The tax rate in our model is 15%, which is below the current corporate tax rate in the United States. Given that under the Trump administration we could see another tax reform that lowers corporate taxes, we believe that it makes sense to use a rate that’s lower than today’s standard rate when forecasting the company’s performance for the next few years. The perpetual growth rate is 3%, which is similar to the historical GDP and inflation rate. We value Super Micro when it’s trading at $31.59 per share and the cash and long-term debt data was taken from the latest available earnings report.</p><p>The discount rate in the model is 7.89%. We arrived at that rate by calculating Super Micro’s after-tax cost of debt using mostly its TTM data, and the cost of equity. For the cost of equity calculation, we used the risk-free rate of 4.40%, beta of 1.28, and the market return rate of 7.69%. We then weighted the company’s debt and equity to arrive at our discount rate.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a987e0d40ca26fc2c7ef3eb9271b03d3\" alt=\"Super Micro Computer’s valuation model\" title=\"Super Micro Computer’s valuation model\" tg-width=\"640\" tg-height=\"181\"/><span>Super Micro Computer’s valuation model</span></p><p>In the forecast table below, our sales and EBIT assumptions are mostly similar to the overall consensus for the next couple of years. After that, we expect a gradual normalization of growth rates across the semiconductor industry to more stable levels once the chip capacity issues caused by AI-related demand are resolved. The bottom part of the forecast table mostly aligns with Super Micro’s historical performance and doesn’t have a significant impact on the FCF calculation.</p><p>With all of those assumptions, our valuation model shows that Super Micro’s enterprise value is $18.91 billion, which is close to Seeking Alpha&#39;s enterprise value estimates. We then calculated Super Micro’s equity value by adding cash to the enterprise value and subtracting the long-term debt. In our case, Super Micro’s equity value is $18.80 billion. We then dividend the company’s equity value by the number of its outstanding shares and figured out that Super Micro’s intrinsic value is $29.28 per share, which is below but also fairly close to the current market price at the time of this writing.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0974837dafcedfd5e245c0d9cc5b4280\" alt=\"Super Micro Computer’s valuation model\" title=\"Super Micro Computer’s valuation model\" tg-width=\"640\" tg-height=\"228\"/><span>Super Micro Computer’s valuation model</span></p><h2 id=\"id_3934436656\">Final Thoughts</h2><p>Our valuation model clearly shows that even if all the previously reported numbers are correct and the current outlook along with the street assumptions are realistic, Super Micro’s stock is still not a good investment. As the AI hype train appears to be losing steam while the number of growth opportunities is limited, giving Super Micro a rating of SELL is the most appropriate thing to do right now.</p><p>We also think that there are much better semiconductor names on the market right now that are not in the middle of an accounting scandal. In our opinion, long-term investors should rather look for them than bet on a speculative play like Super Micro, which already lost more than half of its value in the last six months.</p></body></html>","source":"lsy1728464409321","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer: The Stock That's Doomed To Fail</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer: The Stock That's Doomed To Fail\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-24 17:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4746111-super-micro-computer-the-stock-thats-doomed-to-fail><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySuper Micro Computer lost more than half of its value in the last six months.The company is currently in the middle of an accounting scandal that could result in the delisting of its stock from...</p>\n\n<a href=\"https://seekingalpha.com/article/4746111-super-micro-computer-the-stock-thats-doomed-to-fail\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://seekingalpha.com/article/4746111-super-micro-computer-the-stock-thats-doomed-to-fail","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181162347","content_text":"SummarySuper Micro Computer lost more than half of its value in the last six months.The company is currently in the middle of an accounting scandal that could result in the delisting of its stock from Nasdaq.Even if Super Micro Computer overcomes all the current challenges that it faces, its upside could still be limited because of the recent poor performance of its business.The accounting scandal that began a few months ago has tarnished Super Micro Computer’s stock, which is currently trading close to its 52-week lows. Although some might think that the worst for the company is behind it, we believe that any potential upside is not worth opening a position at this stage. Super Micro still faces some major risks that in our opinion make its stock uninvestable right now.This Has Been A RollercoasterAfter the impressive performance in the first half of 2024, Super Micro’s stock lost all of its momentum in the second half of the year and depreciated by over 50% in the last six months. The real troubles first started in late August when a popular research firm Hindenburg published a bearish report on the company. In the report, Hindenburg accused Super Micro of failing to comply with the sanctions and export controls and highlighted various governance-related issues. The report also stated that Super Micro is engaged in continued proper revenue recognition. This is something that the company was already doing in the past and it resulted in the delisting of its stock from Nasdaq in 2018 and a charge by the Security and Exchange Commission in 2020.Shortly after the report was released, the U.S. Department of Justice opened a probe against the company that is still ongoing. After that, Super Micro’s auditor Ernst & Young resigned, which spooked the market and prevented the company from releasing its earnings report on time. This has led to Nasdaq sending Super Micro a non-compliance letter, which created a new delisting risk. Following all of that, Super Micro was also removed from the Nasdaq 100 and its stock continues to trade in a distressed territory.Super Micro’s performanceThe good thing for Super Micro in all of this is that Nasdaq extended the reporting time for the company, which now needs to release all the missing quarterly and annual filings by February 25, 2025. If that doesn’t happen, then we’ll likely see a delisting of its shares from the exchange like it was a few years ago.However, even if there have been no wrongdoings and Super Micro overcomes all the current legal and regulatory challenges, the upside for its shares could still be limited.Last month, the company already released its preliminary Q1 earnings results, which showed that its revenues are expected to be between $5.9 billion and $6 billion. This is below the Wall Street consensus of $6.79 billion and also below the company’s initial guidance of between $6 billion and $7 billion. If the final report for the period comes out with the same numbers, then the disappointing sales numbers along with the inability to reach its own forecast might indicate that Super Micro’s growth opportunities are limited.From the publicly available reports, we know that Elon Musk’s xAI firm recently started to pull orders for the AI servers from Super Micro to Dell (DELL). It appears that Nvidia (NVDA) has been doing the same thing recently, while Citi (C) named Dell and HP Enterprise (HPE) as the biggest winners in this situation. Even Super Micro’s preliminary outlook for Q2 indicates that the company is expected to generate only between $5.5 billion and $6.1 billion in revenues, below the consensus of $6.79 billion. There are also reports that Super Micro is now looking to raise additional capital, which suggests that the company might have liquidity issues as orders are being canceled. This is why the company’s upside indeed could be limited even if Super Micro overcomes all the challenges that it currently faces.Potential Upside Ahead?There are still several positive things that need to be considered. After the accounting scandal happened, Super Micro launched an internal investigation, which found no misconduct. More importantly, Super Micro agreed with the recommendation of the committee behind the investigation to replace its CFO and said that it doesn’t expect any restatement of its previous earnings reports.Super Micro has also hired BDO USA as its new auditor to review the company’s financial data and approve all the necessary earnings reports before February 25. If the reports come out on time, then Super Micro would likely be able to avoid delisting, which could give a boost to the share price despite the disappointing performance of the business in the recent quarter.In addition, as the AI-server market is expected to grow by 55% and be worth $252 billion next year, Super Micro might have an opportunity to improve its performance next year and exceed the expectations that were recently given by the company along with the preliminary data. This could also boost the share price next year.The Real Value of Super Micro ComputerWhen it comes to valuing Super Micro, we used the currently available data that the company previously reported due to the lack of alternatives. This is something that investors need to keep in mind in light of the recent accounting scandal.The tax rate in our model is 15%, which is below the current corporate tax rate in the United States. Given that under the Trump administration we could see another tax reform that lowers corporate taxes, we believe that it makes sense to use a rate that’s lower than today’s standard rate when forecasting the company’s performance for the next few years. The perpetual growth rate is 3%, which is similar to the historical GDP and inflation rate. We value Super Micro when it’s trading at $31.59 per share and the cash and long-term debt data was taken from the latest available earnings report.The discount rate in the model is 7.89%. We arrived at that rate by calculating Super Micro’s after-tax cost of debt using mostly its TTM data, and the cost of equity. For the cost of equity calculation, we used the risk-free rate of 4.40%, beta of 1.28, and the market return rate of 7.69%. We then weighted the company’s debt and equity to arrive at our discount rate.Super Micro Computer’s valuation modelIn the forecast table below, our sales and EBIT assumptions are mostly similar to the overall consensus for the next couple of years. After that, we expect a gradual normalization of growth rates across the semiconductor industry to more stable levels once the chip capacity issues caused by AI-related demand are resolved. The bottom part of the forecast table mostly aligns with Super Micro’s historical performance and doesn’t have a significant impact on the FCF calculation.With all of those assumptions, our valuation model shows that Super Micro’s enterprise value is $18.91 billion, which is close to Seeking Alpha's enterprise value estimates. We then calculated Super Micro’s equity value by adding cash to the enterprise value and subtracting the long-term debt. In our case, Super Micro’s equity value is $18.80 billion. We then dividend the company’s equity value by the number of its outstanding shares and figured out that Super Micro’s intrinsic value is $29.28 per share, which is below but also fairly close to the current market price at the time of this writing.Super Micro Computer’s valuation modelFinal ThoughtsOur valuation model clearly shows that even if all the previously reported numbers are correct and the current outlook along with the street assumptions are realistic, Super Micro’s stock is still not a good investment. As the AI hype train appears to be losing steam while the number of growth opportunities is limited, giving Super Micro a rating of SELL is the most appropriate thing to do right now.We also think that there are much better semiconductor names on the market right now that are not in the middle of an accounting scandal. In our opinion, long-term investors should rather look for them than bet on a speculative play like Super Micro, which already lost more than half of its value in the last six months.","news_type":1,"symbols_score_info":{"SMCI":1.1}},"isVote":1,"tweetType":1,"viewCount":2427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":349026952941800,"gmtCreate":1726241828137,"gmtModify":1726241833354,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/MU\">$美光科技(MU)$&nbsp;</a> I'm researching into the analyst who issued the recent double downgrade of Micron. His record isn't very impressive.[开心]&nbsp;&nbsp;[开心]&nbsp;&nbsp;[开心]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/MU\">$美光科技(MU)$&nbsp;</a> I'm researching into the analyst who issued the recent double downgrade of Micron. His record isn't very impressive.[开心]&nbsp;&nbsp;[开心]&nbsp;&nbsp;[开心]&nbsp;&nbsp;","text":"$美光科技(MU)$ I'm researching into the analyst who issued the recent double downgrade of Micron. His record isn't very impressive.[开心] [开心] [开心]","images":[{"img":"https://community-static.tradeup.com/news/a126f836de312ef8209917983dd75c17","width":"1080","height":"2062"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349026952941800","isVote":1,"tweetType":1,"viewCount":2370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":542242596352072,"gmtCreate":1773411229765,"gmtModify":1773411232570,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/NVDL\">$2倍做多NVDA ETF-GraniteShares(NVDL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDL\">$2倍做多NVDA ETF-GraniteShares(NVDL)$ </a>&nbsp;","text":"$2倍做多NVDA ETF-GraniteShares(NVDL)$","images":[{"img":"https://community-static.tradeup.com/news/b2997acccb6aa04c98f24ef9c4908042","width":"898","height":"1403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/542242596352072","isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":563416898682920,"gmtCreate":1778574932657,"gmtModify":1778574935373,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a>&nbsp;","text":"$三倍做多半导体ETF-Direxion Daily(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/12e87e9397277aaf20fc4f5d4000a41a","width":"898","height":"1485"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563416898682920","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":377329050063208,"gmtCreate":1733160502417,"gmtModify":1733160506659,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/OPT/SMCI 20250117 70.0 CALL\">$SMCI 20250117 70.0 CALL$ </a> Christmas comes early&nbsp;[财迷]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/SMCI 20250117 70.0 CALL\">$SMCI 20250117 70.0 CALL$ </a> Christmas comes early&nbsp;[财迷]&nbsp;&nbsp;","text":"$SMCI 20250117 70.0 CALL$ Christmas comes early [财迷]","images":[{"img":"https://community-static.tradeup.com/news/5dba206d303669456fd52b52f116036c","width":"1732","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/377329050063208","isVote":1,"tweetType":1,"viewCount":3001,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4171900329979952","idStr":"4171900329979952"},"content":"🙌🙌🙌 🥂🍾🥂🍾🎉🎉🎉👏👏👏C͛O͛N͛G͛R͛A͛T͛U͛L͛A͛T͛I͛O͛N͛S͛. Well done! Enjoy those gains, happy trading ahead! Cheers BC, 🍀🍀🍀","text":"🙌🙌🙌 🥂🍾🥂🍾🎉🎉🎉👏👏👏C͛O͛N͛G͛R͛A͛T͛U͛L͛A͛T͛I͛O͛N͛S͛. Well done! Enjoy those gains, happy trading ahead! Cheers BC, 🍀🍀🍀","html":"🙌🙌🙌 🥂🍾🥂🍾🎉🎉🎉👏👏👏C͛O͛N͛G͛R͛A͛T͛U͛L͛A͛T͛I͛O͛N͛S͛. Well done! Enjoy those gains, happy trading ahead! Cheers BC, 🍀🍀🍀"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":418164982767912,"gmtCreate":1743086962549,"gmtModify":1743086966034,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$超微电脑(SMCI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;[财迷]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/SMCI\">$超微电脑(SMCI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;[财迷]&nbsp;&nbsp;","text":"$超微电脑(SMCI)$ 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href=\"https://ttm.financial/S/MUU\">$2倍做多MU ETF-Direxion(MUU)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MUU\">$2倍做多MU ETF-Direxion(MUU)$ </a>&nbsp;","text":"$2倍做多MU ETF-Direxion(MUU)$","images":[{"img":"https://community-static.tradeup.com/news/a75c5d550987c4b8748ab5f07faf76a6","width":"898","height":"1403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/543694787888576","isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":521935851847832,"gmtCreate":1768460852158,"gmtModify":1768460854749,"author":{"id":"3575534613319772","authorId":"3575534613319772","name":"Mikinyaa","avatar":"https://static.tigerbbs.com/4a2c57746358b22078da48731022679c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575534613319772","idStr":"3575534613319772"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a> 🚀","listText":"<a href=\"https://ttm.financial/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a> 🚀","text":"$三倍做多半导体ETF-Direxion Daily(SOXL)$ 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