Super Micro Falls Most in Nine Months After Cutting Forecast
Super Micro Computer Inc. shares plunged the most in nine months after the company lowered its fiscal-year revenue forecast, raising questions about sales and pricing pressures around powerful AI servers.
Revenue in the year ending in June 2026 will be at least $33 billion, Super Micro said Tuesday in a statement. In February, the company offered a bullish long-term outlook because of demand for AI products with Nvidia Corp.’s chips, saying sales would be $40 billion — then almost twice as much as analysts’ estimates for the current fiscal year.