SMCI Stock Recent News

Supermicro designs IT architecture solutions such as storage racks and servers. High demand for Nvidia's chips has served as a bellwether for Supermicro's business.

AI stocks were sold off big on Friday. NVIDIA (Nasdaq: NVDA) closed down an even 10% while Super Micro Computer (Nasdaq: SMCI) plummeted 23.14%.

Super Micro is expected to report earnings on April 30.

Nvidia and Intel are both set to launch new AI chips this year, and that could boost their earnings. Another company will benefit from this -- as well as from its own growth.

Major U.S. equities indexes were mixed on Friday, closing out a week that saw stocks come under pressure as rate-cut expectations receded and investors reacted to a mixed bag of earnings reports.

Nvidia and other AI stocks fell Friday after Super Micro Computer announced its next earnings date without giving preliminary results.

Super Micro Computer will announce its quarterly results on April 30. The company's sales have boomed along with the need for AI computing power.

The recent slide in the stock price of Super Micro Computer (SMCI) accelerated Friday as the artificial intelligence (AI) darling surprised investors by not preannouncing its March quarter results.

Super Micro Computer Inc (NASDAQ: SMCI) is down close to 20% on Friday after revealing the date on which it plans on reporting its financial results for the third quarter. What's happening with Supermicro stock today?

Super Micro Computer announced today that it will report earnings on April 30. What it didn't do is promise to beat earnings on April 30.