Shares in Super Micro Computer, Inc. (Nasdaq: SMCI) are down around 4% in premarket trading this morning as of the time of this writing after surging over 17% yesterday on optimism about the company's Q2 2025 earnings, which will be announced after the close of market today.
Super Micro Computer (NASDAQ: SMCI) had a rough time in 2024. The business was one of the last targets of the now-defunct activist short-selling group Hindenburg Research, which alleged that the company was engaging in accounting fraud.
Super Micro has a lot on the line heading into its earnings report on Tuesday after a tumultuous 2024. The stock is up 59% in the past five trading days, buoyed by capital spending forecasts from the biggest U.S. tech companies.
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Major U.S. equities indexes ticked higher as markets reacted to President Donald Trump's announcement that he would levy additional tariffs on steel and aluminum imports, helping boost shares of metal manufacturers.
SMCI will provide a business update on Feb. 11 and regulatory disclosures on Feb. 25, which will impact the stock's future.
Super Micro Computer (SMCI 13.71%) stock is surging in Monday's trading. The server company's share price was up 11.1% as of 12:30 p.m.
Ahead of Tuesday's “business update,” a Wedbush analyst has concerns about Super Micro's margins and more.
On Friday, Super Micro Computer managed to record a higher high within its descending price trend, and now it really needs a fundamentally changing catalyst to keep going up. Despite margin pressures, SMCI's heavy R&D investments in the recent past and expanding data center solutions position it well in a growing market. SMCI's new manufacturing facilities in Malaysia and Silicon Valley should enhance production efficiency, potentially boosting margins and stock price.
Shares are on their best run since October, with investors hopeful they'll finally get some clarity on the company's accounting issues.
Shares of Super Micro Computer (SMCI 4.37%), commonly called Supermicro, surged this week, jumping as much as 29.6%, according to data supplied by S&P Global Market Intelligence. As of 3:07 p.m.
Super Micro Computer (SMCI) shares surged Friday, extending gains ahead of the company's second-quarter update expected after markets close Tuesday.