Super Micro Computer's Stock Drops After Revenue Forecast Cut

Reported about 20 hours ago

Super Micro Computer's stock fell nearly 9% after the company lowered its first-quarter revenue forecast to $5 billion, down from previous expectations of $6 billion to $7 billion, due to project delays. Despite maintaining its full-year revenue outlook, the news led to significant declines amidst rising market trends, highlighting the volatility surrounding investor expectations in the AI sector.

Source: YAHOO

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