Super Micro Sales Fail to Clear High Investor Expectations
(Bloomberg) -- Super Micro Computer Inc. plunged as the market opened on Wednesday after the company reported quarterly sales that fell slightly short of estimates. The results disappointed investors who had sky-high expectations that the server maker’s business would benefit from AI-related demand.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College Ca