What's Next for Super Micro Computer After Stock's 20% Post-Earnings Plunge?
SMCISuper Micro Computer(SMCI) Investopedia·2024-08-08 05:21

Key TakeawaysSuper Micro Computer shares plunged on Wednesday after the company posted a quarterly earnings miss as low margins take a toll on its business despite increased demand.Analysts said investors are watching for Super Micro margin improvement to demonstrate its ability to navigate the competitive tech hardware market in the artificial intelligence era.Super Micro also announced a 10-for-1 stock split that analysts say could moderate the stock's volatility. Super Micro Computer (SMCI) shares fell 2 ...