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Sarah Holzmann

Super Micro Computer Stock Plunges on Lost Oracle Contract, but Supply Chain Excesses Could Be the Bigger Problem for SMCI

Super Micro Oracle Super Micro Computer SMCI Supply chain XAI Nvidia

As investors panic over a lost contract between Super Micro Computer (SMCI) and Oracle (ORCL), recent supply chain intelligence suggests a much bigger problem exists with its inventory, as slowing business with xAI and other customers weigh on near-term revenue.

Super Micro Computer shares plunged approximately 10% on Thursday, April 23, following reports that Oracle canceled a significant contract for Nvidia GB300 NVL72 racks. The contract loss, estimated between $1.1 billion and $1.4 billion, involved 300 to 400 racks valued at roughly $3.5 million each, with Super Micro having shipped only 100 to 200 racks before the cancellation.

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Kansas neighbour cut 133 trees, some 70 feet onto adjoining land; court upholds $6,500 award

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Germany’s former spy chief arrested over alleged treason: 2,000 classified documents at centre of probe

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

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The U.S. men’s national team cruised to a 1–0 win against Canada.

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Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

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Top stories on inkl right now

Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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Hamam al-Hammami spent 175 days in New Zealand until May 2019, as Australian Jewish group calls for full investigation into his time in Melbourne

The Guardian - AU

Kansas neighbour cut 133 trees, some 70 feet onto adjoining land; court upholds $6,500 award

Kansas neighbour cut 133 trees, some 70 feet onto adjoining land; court upholds $6,500 award

A Kansas appeals court has upheld a $6,500 damages award against a man whose neighbour’s fence project led to 133 trees being cut on adjoining land in 2015. The court found the landowner filed his trespass case within the legal time limit and that there was enough evidence to hold…

The Times of India

Germany’s former spy chief arrested over alleged treason: 2,000 classified documents at centre of probe

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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Florida Governor Ron DeSantis has declared an emergency in 25 counties as Tropical Depression Nine tracks towards the Gulf Coast with hurricane-strength conditions possible near landfall.

International Business Times UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

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The U.S. men’s national team cruised to a 1–0 win against Canada.

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Jaden Newman Leaked Video Controversy: Viral Post Claims LaMelo Ball Paid Her $250K for One Encounter

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International Business Times UK

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