Reported about 1 month ago
Super Micro Computer's stock has faced significant backlash following a bearish report from Hindenburg Research and the CEO's announcement of delayed financial results. While many analysts have downgraded their outlook, with Wells Fargo cutting its price target by over 40%, JP Morgan maintains a different stance, seeing limited evidence of misconduct and asserting the company's medium-term growth potential in the AI server market remains intact. Other analysts, however, are shifting focus to competitors like Dell in light of the recent controversies.
Source: YAHOO