Tag: $Super Micro

Super Micro Computer Inc. gained 23% in premarket trading after it submitted outstanding financial reports to become compliant with Nasdaq Inc. rules, easing concerns that the server maker would be delisted.

Super Micro Computer stock was rising early Thursday, extending gains form the previous session. It’s getting a lift from broader market optimism.

Super Micro Computer stock rose as much as 29% in premarket trade on Tuesday after the AI server maker late Monday submitted a compliance plan with the SEC to avoid delisting from the Nasdaq.

Super Micro Computer the chip maker that became a target of short seller Hindenburg Research earlier this year, said it needs additional time to file its 10-Q form for earnings in the last quarter.

Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock fell sharply.

Super Micro Computer shares closed down 12% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom.

Super Micro Computer gave a strong sales forecast for fiscal year 2025, but the company’s shares fell on deteriorating profit margins.

Super Micro Computer will replace Walgreens Boots Alliance in the Nasdaq 100 index before the start of trading on Monday, July 22.

Super Micro Computer posted quarterly financial results that left bulls wanting more, offset by strong guidance as the company continues to benefit from a huge demand for AI-capable data center servers. It’s the rare case of 200% revenue growth being not quite enough.

Super Micro Computer was falling Tuesday after the maker of servers that help with artificial-intelligence applications filed to sell 2 million common shares.

Shares of Super Micro Computer jumped after the company, alongside Deckers Outdoor, was tapped to join the S&P 500 index.

Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its recent AI-fueled rally after the server seller projected stronger-than-expected quarterly sales.

Super Micro Computer Inc. on Thursday delivered the latest upbeat signal for the chip industry.

Super Micro Computer Inc. shares fell in the extended session Tuesday after the server company with AI sales forecast a weak outlook considering an expected spending surge to support artificial-intelligence technology.