Supermicro Craters On Shocking Margin Collapse Despite Euphoric Revenue Guidance, 10-For-1 Stock Split More bad news for the slowly bursting AI bubble. Shares of server-maker Super Micro Computer, which have been among the biggest beneficiaries of the AI euphoria over the past two years as it emerged as a proxy for AI demand (and server installs), soared as much as 16% before crashing more than 10%, after the company reported Q2 revenue and profit that missed estimates, but it was the company’s plunging profit margins that which outweighed the company’s ecstatic sales outlook that was billions above Wall Street projections… — Continue at ZeroHedge News : Read More
Home » Supermicro Craters On Shocking Margin Collapse Despite Euphoric Revenue Guidance, 10-For-1 Stock Split – Tyler Durden