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Super Micro Computer, better known as Supermicro (SMCI), has hit a rough patch after a strong run driven by the artificial intelligence (AI) boom. The company’s shares have tumbled more than 33% over the past month as investors reacted to disappointing results and cautious guidance.
Supermicro, a leading provider of high-performance servers and storage systems that power AI workloads, has seen its once-blistering growth start to cool. While the company remains a key player in the AI infrastructure market, its top-line growth rate has been slowing quarter after quarter, and its recent earnings results maintained that trend.