Super Micro Computer crashes after revenue decline
Reading Time: 3 minutes
On Tuesday evening, the stock of Super Micro Computer (SMCI) came under pressure in after-hours trading and fell by about 9%. The server and storage manufacturer from San Jose significantly missed market expectations in the first quarter of its fiscal year 2026. Revenue was $5 billion, approximately $800 million below the forecast of $5.8 billion, representing a decline of 15% compared to the previous year. Supermicro also fell slightly short of expectations regarding profit: the adjusted earnings per share amounted to $0.35 instead of the expected...
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