Super Micro Computer Shares Plummet

This is a news story, published by Yahoo Finance, that relates primarily to Super Micro Computer news.

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Supermicro

The Motley Fool

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Is Super Micro Computer Stock a Buy? 3 Things to Watch.

Summary

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Super Micro Computer (NASDAQ: SMCI ) might be one of the first dominoes to fall as the AI hype cycle reaches a possible conclusion.

But so far, this crash has little to do with company fundamentals and seems more related to allegedly shady accounting practices and possible wrongdoing.

Early this week , Supermicro released an update from its "independent special committee" suggesting fiscal first-quarter net sales of $5.9 billion to $6 billion .

Stock Advisor returns as of November 4, 2024 Is Super Micro Computer Stock a Buy? 3 Things to Watch. was originally published by The Motley Fool .

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