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Wajeeh Khan

What’s Next for Super Micro (SMCI) Stock After Q2 Earnings?

SMCI Super Micro Samik Chatterjee AI Super Micro Computer

Super Micro Computer (SMCI) came in below Street estimates in its fiscal second quarter and lowered its guidance for the full year on Feb. 11. The artificial intelligence (AI) server company now sees up to $25 billion in revenue in its current fiscal year – down significantly from the as much as $30 billion it had guided for earlier. 

SMCI shares still rallied more than 10% to print a new year-to-date high on Wednesday, Feb. 12. 

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