Reported 3 days ago
Super Micro Computer's stock has recently rebounded from a low of $17.25 to around $30 amid concerns about its accounting and future growth. While the company has seen rising demand for its AI-related products, its projected sales have fallen short of expectations, raising questions about whether demand is slowing down. With low gross margins and the need for potential increased spending on controls, analysts warn the stock may be due for a pullback if future financial results do not meet investor hopes.
Source: YAHOO