Reported 14 days ago
Super Micro Computer, a leading player in AI equipment, has seen its stock price fall 18% following a negative short report and a delay in its annual report. Despite this, the company has shown remarkable growth, with revenue increasing by over 140% in its latest quarter, thanks to the booming demand for AI technologies. With a 10-for-1 stock split approaching, the stock will become more accessible to investors. Although a stock split does not inherently boost stock prices, Supermicro's strong earnings and potential to lead in the cooling solutions market could attract more investors long-term.
Source: YAHOO