To The Moon

Ballooning generative AI investments have resulted in exponential growth for high-performance server provider Super Micro Computer.While sales have skyrocketed in recent quarters, related working capi

Aug 28 - Super Micro Computer said on Wednesday it would delay the filing of its annual report for the fiscal year ended June 30, sending the AI server maker's shares down 24.2% in morning trading."Additional time is needed for SMCI's management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting," the company said.Super Micro added it has not made any updates to its results for the fiscal year and quarter ended June 30 that wer