Super Micro (NASDAQ:SMCI) shares tumble on missed sales estimates
@Grafa:
Full story: https://grafa.com/news/super-micro--nasdaq-smci--shares-tumble-on-missed-sales-estimates-216282 Super Micro Computer (NASDAQ:SMCI) experienced a sharp decline in pre-market trading on Wednesday, with shares falling nearly 14%, following a fiscal third-quarter sales report that narrowly missed analysts' expectations. The server manufacturer, which has recently benefited from increased demand for AI-related equipment, reported quarterly revenue of $3.85 billion, slightly below the consensus estimate of $3.86 billion. Despite the revenue shortfall, the