Super Micro Computer: Delayed Annual Report Is A Major Red Flag - Sell
SMCISuper Micro Computer(SMCI) Seeking Alpha·2024-08-29 11:53
BlackJack3DIt's been a volatile 2024 so far for shares of Super Micro Computer, Inc. or "Super Micro" (NASDAQ:SMCI) (NEOE:SMCI:CA). In tandem with NVIDIA Corporation or "Nvidia" (NVDA), the high-performance server and storage solutions provider has been widely viewed as a prime beneficiary of ballooning investments into generative AI.  Yahoo FinanceIndeed, sales have skyrocketed in recent quarters, but related working capital requirements have resulted in materially negative cash flow. In addition, the  ...