Is SMCI stock a buy now amid margin headwinds?
SMCISuper Micro Computer(SMCI) Finbold·2024-08-10 22:23

Super Micro Computer (NASDAQ: SMCI) recently faced a challenging quarter, with its gross margins dropping to 11.2% in the fourth quarter (Q4) of fiscal 2024 (FY2024) from 17% a year ago. This sharp decline has raised concerns among investors, particularly as the company grapples with supply chain challenges that have impacted the availability of key components for its advanced platforms.Despite these hurdles, several factors suggest that SMCI’s stock remains a compelling buy, driven by strong valuation metr ...