21.6 C
New York
Sunday, May 26, 2024

Super Micro Computer stock is plunging despite big AI demand. Here’s why

Super Micro Computer stock is plunging despite big AI demand. Here’s why.

The AI company’s stock quickly fell 13% following its quarterly earnings release

By Vinamrata Chaturvedi, Quartz.com

Shares of Super Micro Computer, which was added to the S&P 500 index in March, sank more than 13% Wednesday morning after the company missed analysts’ revenue expectations for its fiscal third quarter.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,162FansLike
396,312FollowersFollow
2,300SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x