Reported 17 days ago
Super Micro Computer's stock has plummeted nearly 60% in the last six months due to disappointing quarterly results, accounting allegations from a short-seller, and delays in filing its annual report. Despite these issues, the company has shown remarkable revenue growth fueled by the AI market and has optimistic forecasts for fiscal 2025. Investors with a high-risk tolerance might find current stock prices attractive, but those wary should wait for more clarity amid ongoing uncertainties.
Source: YAHOO