Super Micro stock plunges
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A surge in new orders has Supermicro raising money to purchase components to satisfy those orders.
Investors are bailing on Super Micro Computer (SMCI) shares on June 10 after the artificial intelligence (AI) infrastructure company announced a $5 billion underwritten public offering. In its press release,
IMEC, Diagram of Neural Net: Foveated, Retina-like Sensor, Corresponding Silicon Microchip (1989), computer-generated plot on paper and silicon, .1: 36 1/4 x 36 1/4″ (all images courtesy the Museum of Modern Art) A few weeks ago, I went to the Museum of ...
A big problem that continues to plague Super Micro Computer is that its margins are extremely low. This means that its cost of revenue is high, and thus, a small portion of its revenue is left over to cover operating expenses and flow through to the bottom line.
