Super Micro's rocky quarter: Blip or bumpy road ahead?

Super Micro Computer's stock plummeted after a disappointing Q1 revenue announcement, missing Wall Street's expectations by billions due to key customers upgrading server designs. Despite the setback, Super Micro secured over $12 billion in new design wins and anticipates a strong rebound in the next quarter, fueled by AI and liquid-cooled solutions. CEO Charles Liang remains confident in achieving the company's ambitious $33 billion revenue target for fiscal year 2026, but investors are watching closely to see if the delayed revenue materializes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.