Nvidia stock and other AI stocks fell Friday after Super Micro Computer
Super Micro Computer stock crashed as much as 23% on Friday as investors worry about the strength of its upcoming earnings report.Super Micro Computer announced it would release its third-quarter earnings results on April 30, but it didn't preannounce earnings as it did for its second-quarter earnings results in January.Companies often preannounce earnings when the results are significantly above Wall Street consensus estimates.That lack of an earnings preannouncement from Super Micro Computer...
Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
Super Micro Computer just spooked its investors with a suggestion that it
Super Micro Computer (NASDAQ: SMCI) stock has been riding the artificial
Super Micro Computer's long-term AI revenue potential is underappreciated, Loop Capital says. Here's what you need to know.
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Tech stocks were rising to start a busy week of earnings as the sector
Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...
Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China. A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject...
Gideon Falter, the antisemitism campaigner involved, says Dal Babu's
Super Micro Computer shares plunged on Friday as investors peeled back