Super Micro Computer’s Stock Plunge Amid Revenue Forecast Cut
Super Micro Computer shares tumbled nearly 9% Thursday after the AI server Maker slashed its fiscal first-quarter revenue forecast, citing project delays that shifted sales into later quarters. The San Jose-based firm now expects $5 billion in Q1 revenue—a stark drop from its prior $6B-$7B guidance and below analyst estimates.
Despite maintaining full-year targets, the abrupt revision rattled investors who had propelled SMCI's stock this year on AI optimism. As a key partner to Nvidia and AMD, Supermicro's volatility highlights the risks when high-flying tech names miss elevated expectations.
The timing compounds pressure, coming just weeks before earnings. While management cited "design wins" pushing revenue into Q2, the market reacted swiftly—making SMCI one of the S&P 500's worst performers on an otherwise positive trading day.
